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Results (10,000+)
Andrew Hinspater LLC in State or Out of State?
5 March 2024 | 4 replies
@Andrew HinspaterI recommend finding an accountant that specializes in real estate taxation and LLC formation.
Jessie Dillon For Female Investors: Can't Rave Enough About The WIIRE RETREATS!
5 March 2024 | 7 replies
If only they had them quarterly lol.They did just open their waitlist for the next one which is in Utah in September.
Eli Crapper House Hack Fourplex vs. Renting all Units and Staying in my Current Rental (Canada)
4 March 2024 | 4 replies
Other than having a quarter of the property (purchased for $850,000) qualify as my primary residence are there other benefits, tax or otherwise, are there of living in the property?
Nate Pucel Buy, rehab, rent accounting questions
4 March 2024 | 4 replies
@Nate Pucel,I recommend finding an accountant that specializes in real estate taxation.
Sarah Hall This is the Year!!
4 March 2024 | 5 replies
But, I want to figure out “how” to purchase a property every quarter!!
James Robert Do I sell and set myself up OR keep as a break even rental?
4 March 2024 | 14 replies
Its not capital gains tax at all.So, none of what you just replied to technically works.Of course, consult a qualified professional... 
Kashyap Shah Asset Protection : LLC Formation for First Investment
4 March 2024 | 15 replies
Drawbacks may include additional fees for out-of-state registration and possible confusion with managing a remote LLC.2.Wyoming's laws and regulations may impact the management and operation of the LLC, such as annual reporting requirements and taxation policies.3.Specific requirements for out-of-state LLCs owning property in Texas may include registering as a foreign LLC and appointing a registered agent in Texas.4.There may be restrictions or limitations on the LLC's ability to purchase, sell, or finance property in Texas, such as compliance with state laws and regulations.5.Other considerations to be aware of include consulting with a legal or financial advisor, understanding tax implications, and staying current on any changes in laws or regulations that may affect the LLC and its operations.
Chris Seveney I love me some data and infographics! This is interesting from J Burns
3 March 2024 | 6 replies
for example Chris, here's the actual DSCR from marketing vs reality and this is coming from one the best sponsor outthere:---------------promise---DSCR every quarter-----DSCR1.100.8440.8100.8130.817DSCR 1.71  1.16 1.1 1.0 1.05As you can see DSCR went down by 0.30 - 0.70 in some extreme cases and most lender I analyzed is also having similar pattern.so big sponsor is also decaying slowly....
Keith Goepfert Minimizing Capital Gains when Selling House Hacked Property
2 March 2024 | 4 replies
If one is renting out a percent of their personal property, that same percent of the profits will be subject to capital gains tax at the time of sale.
Gary Fox Ownership by Contributed Capital vs by Tax Capital Accounts in small syndications
4 March 2024 | 34 replies
This is wonky, but as you are discovering, a lot of this stuff is wonky:https://www.thetaxadviser.com/issues/2016/feb/taxation-of-wo...