August Kahle
Using remaining VA home loan eligibility after first purchase
31 January 2024 | 3 replies
My rough strategy is buy SFH (older but (semi) recently remodeled B- to A- properties in good areas likely to continue appreciating and attracting good, trouble-free tenants) 0% down VA (may consider a small amount on second property, like up to 3% just to speed things along) and stay in it as my own primary residence until at least 10% of purchase price paid off and able to cashflow 300+/ month after mortgage, taxes, insurance and 15% set aside for repairs, vacancy, and maintenance (like I said, I'm not overly interested in rental RE, so I want to be sure it's lower effort and worth my time in return).
Patrick Thomas Dickinson
Avoiding capital gains home sale
30 January 2024 | 8 replies
HelloAny tax savvy people / cpas out there want to help me out.
Ivorie Walker
Specific Subject To Questions
31 January 2024 | 1 reply
It doesn’t protect you or give you tax write offs.6.
Savannah Walbert
Aspiring investors with 200k+ income looking for guidance
31 January 2024 | 23 replies
Combined we are making about 250-300k annually pre-tax.
Robert Williams
Title company in Illinois refuse to do a double close…
1 February 2024 | 24 replies
The major con is this tax implications (much higher), but you are closing.
Garrett Ayers
Is Vancouver Wa. or Portland Or. a better place to buy rental properties?
31 January 2024 | 3 replies
I like the idea of investing in Vancouver Wa. for the tax break, but I know little of that of that city too.
Thomas W.
How did you buy your second investment property?
31 January 2024 | 24 replies
My thinking is that a house for me has little tax or financial benefit while investment property does.
Account Closed
Financing for New Properties in a Seperate Newly-Formed LLC
31 January 2024 | 16 replies
We file K-1s for each cell at tax time.
Kevin S.
Small business accountant vs accountant with REI background.
30 January 2024 | 11 replies
Real estate specific tax law is very complicated and dynamic.