John Zhang
Is there a dollar limit on how much we can use real estate depreciation to offset W2
30 January 2025 | 3 replies
Additionally, high-income earners with modified adjusted gross income (MAGI) over $250,000 (married filing jointly) may be subject to the 3.8% Net Investment Income Tax (NIIT).For 2025, bonus depreciation is at 40%, so consider leveraging it for eligible property assets like appliances or fixtures to accelerate deductions.
Kenneth Joseph Perfido
Creating LLC in a new state
29 January 2025 | 2 replies
Additionally, forming a new LLC may require obtaining a new EIN and business bank account.This post does not create a CPA-Client relationship.
Naptali Lucks
Investment Opportunity: Affordable Rural Eco-Friendly Housing Community
29 January 2025 | 0 replies
Additionally, for the neighborhood to be characterized by cohesive collaboration and camaraderie.
Naptali Lucks
Investment Opportunity: Affordable Rural Eco-Friendly Housing Community
29 January 2025 | 0 replies
Additionally, for the neighborhood to be characterized by cohesive collaboration and camaraderie.
Kevin Connauton
Searching for a Property Manager for my Rent by the Room Property.
29 January 2025 | 6 replies
@Kevin Connauton most PMCs won't touch this type of renting due to all the additional headaches and liability.We second contacting PadSplit.
Johan Tejeda
New Investor Seeking Connections and Mentorship Opportunities!
16 January 2025 | 7 replies
With one successful flip under my belt, I'm eager to connect with fellow investors and expand my knowledge and network in this vibrant real estate market.In addition to my passion for real estate, I’m also a skilled electrician.
John Underwood
Why an LLC may not protect you from a Lawsuit
19 December 2024 | 50 replies
Since it's trust ownership, there are some additional benefits.
Ryan Broschard
Property Tax Increase - Fort Mill, SC (Lancaster County)
23 January 2025 | 2 replies
In addition, if this was originally an owner occupied house, there are often homestead exemptions where the first $XX,XXX. of the value of the home aren't taxed.
Samuel Coronado
Sell or rent
27 January 2025 | 1 reply
Additional costs will creep in and costs seem to go up faster than rents, so I would sell and try to otherwise optimize the VA loan.
Tyler Kesling
HELOC / Lease to Own
13 January 2025 | 2 replies
Am I getting greedy to ask for an additional seller credit at closing to help offset some of repairs needed?