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Results (1,819)
David Ounanian What tax benefits or implications should I be aware of as a real estate investor?
12 March 2024 | 4 replies
General considerations include:Income Taxes- Report rental income, distinguishing between short-term and long-term rentals.- Utilize depreciation deductions to reduce taxable income.- Understand passive activity loss rules limiting deduction of losses from passive activities.Capital Gains Taxes- Be aware of tax implications when selling property, considering short-term and long-term rates.- Explore strategies like 1031 exchanges to defer capital gains taxes.Deductions and Expenses- Know eligible deductions: mortgage interest, property taxes, insurance, maintenance, and management fees.- Maintain detailed records of all real estate-related expenses.- Use cost segregation studies to expedite depreciation of your properties to offset large income gains.Entity Structure- Choose appropriate legal structure (LLC, partnership, or S corporation) with consideration for different tax implications.Tax Credits- Explore available credits, like energy-efficient or historic rehabilitation credits.Qualified Business Income (QBI) Deduction- Check eligibility for QBI deduction, providing up to a 20% deduction on qualified business income.Record Keeping- Keep accurate and organized records for tax compliance and audits.State and Local Taxes- Consider varying state and local tax implications, including property and income tax rates.Tax Planning- Engage in proactive tax planning, consulting with professionals for a comprehensive strategy.Tax Changes- Stay informed about changes in federal, state, and local tax laws affecting real estate investments.Remember to consult a real estate tax professional for personalized advice based on your specific situation.
Nana Sefa Owner’s title insurance - to get or not?
12 March 2024 | 250 replies
Here is the nuance I am trying to distinguish: yes of course when you refi or sell a lender or buyer will want title insurance (unless Iowa). 
Cody Furry House selling advice
2 March 2024 | 4 replies
I'm sure their listing comtract doesn't distinguish between the types of financing it is sold under.You will want to look into how seller financing will work with an existing VA loan on the property.
Jorge Abreu Educating Active Investors and Partnership Opportunities
1 March 2024 | 0 replies
Remember, education is important, but it is the application of that information that actually distinguishes you.
Alberto Nikodimov Navigating Seasonality in the Short-Term Rental Market in Florida
1 March 2024 | 3 replies
Orlando distinguishes itself with Halloween Horror Nights, making October comparatively better for the area.November - A transitional month between low and high season, November sees an uptick in occupancy and ANR, particularly around Thanksgiving week.December - Ending the year on a high note, December is unique with a slow start followed by the highest nightly rates after the 21st, as people save money for Christmas and New Year travels.Our pricing and advertising strategies are shaped by these learned seasonality trends, proving successful.
Nick Johnson Beginner looking for advice
1 March 2024 | 34 replies
I hope that you can distinguish between those that are practitioners wanting to help and those that are professionals with something to sell here.
Annchen Knodt Luxury Vinyl Plank comparison chart and experience
28 February 2024 | 19 replies
It's distinguishable from hardwood, but not far off.
Kevin S. What to do with $1,000,000.00?
1 March 2024 | 140 replies
Figure out that return --- or, doesn't it matter since it didn't happen to oneself
Joaquin Santoy Buying real estate in Tulum?
26 February 2024 | 11 replies
As in any competitive market, you need to find deals and find ways to distinguish yourself from the competition.
Nicholas Aiola Ask me (a CPA) anything about taxes relating to real estate
27 February 2024 | 2053 replies
., 1974-2 CB 5, and 1974-2 CB 64In order to avail oneself of the “trust” doctrine, a taxpayer must satisfy two requirements.