Will Almand
Cost Segregation Questions
20 January 2025 | 11 replies
Do you have a current need for that cash flow generated from the tax savings?
Augustine Chang
Breakeven Strategy for Studio Condo Rental in NYC – Need Advice on Options!
20 January 2025 | 1 reply
Here’s the situation:Purchase Price: $540,000Down Payment: 20%Mortgage Rate: 7.125% (30-year fixed)Monthly Expenses (Mortgage, HOA, Taxes, Insurance): $3,706Realistic Max Rent: $3,000As you can see, I’m currently short $706/month even with max rent.
Desiree Board
Sole proprietor, LLC or Corporation?
22 January 2025 | 3 replies
Rentals generate passive income, so an S-Corp offers no added tax benefit.
Jerry Zigounakis
LLC or sCorp for investment properties
21 January 2025 | 7 replies
Use umbrella insurance as an additional safeguard, especially if you opt not to form an LLC.Avoid S-Corp taxation for rentals, as rental income is passive and not subject to self-employment tax. S
Lauren Merendino
Tony C.
Filing a 1065 Partnership return Husband/Wife vs Schedule E
19 January 2025 | 42 replies
Yes, you will have to file the partnership tax return.
Clarase Mika
Why Americans Should Be Investing in German Real Estate: An In-Depth White Paper
24 January 2025 | 0 replies
Attractive Tax Environment for InvestorsGermany offers favorable tax policies for property investors.
Tonya English
Launch Your Leads Scam
25 January 2025 | 61 replies
Basically the cost of the lawyer would ultimately be as much as the money they scammed me for.
Clifford Pereira
Real Estate Professional (REP) Status guidance
23 January 2025 | 6 replies
California does not recognize Real Estate Professional (REP) status, but you can still claim it on your federal taxes if you qualify.
Abe Linc
Rental mortgage in retirement
22 January 2025 | 4 replies
Be sure to hold a hefty reserve to handle on-going maintenance, capex, taxes, and insurance.