
4 November 2024 | 19 replies
Operating Agreement is probable, but do they need tax returns?

2 November 2024 | 4 replies
Many advisors don’t understand the complexities of real estate investing, fail to provide tax strategies, and, unfortunately, some are more focused on selling products for commissions rather than offering real value.That said, not all financial advisors are the same.
5 November 2024 | 34 replies
Principal, interest, taxes and insurance. 280k with 20% down at 7% = about $1500 a month for PI.

8 November 2024 | 47 replies
I do like Hospitable direct booking options and that they can process payments, tax etc. on their end and each DB site can have a different pay out options for different clients.

3 November 2024 | 1 reply
Only way you made money on this deal, and avoided everyting being eaten up with title & recording fees and transfer taxes, was by flipping the contract - also known as wholesaling.Why can't you just call it what it is?

1 November 2024 | 0 replies
Understanding the IRS Section 179 Election to Expense Depreciable Assets is crucial to making the most of your tax strategy.This provision allows taxpayers to expense certain qualifying assets upfront instead of depreciating them over a period of years.However, there are several factors to consider when using this tax tool.Let’s break down how it works:What Is Section 179?

7 November 2024 | 30 replies
but I’m starting to reconsider .Eating the Capital Gains will hurt a bit but we can apply the profit made towards some tax debt as well and then apply more $ to our primary condo out here and get relief of the PMI.OR do a 1031 .However, most people say an intermediary is necessary .I need to do research on how much someone charged for a 1031 .

1 November 2024 | 5 replies
into another property to avoid the federal capital gains tax?

2 November 2024 | 3 replies
I’ve heard investors that bought the entire tax deed, although I’m not to sure how that would work.
4 November 2024 | 8 replies
I'm inclined to say no, especially because my margins have gone down significantly with increased property tax and insurance, and I haven't raised rent.