Joe Michaels
What happens after 27.5 years with major improvements, can you still deduct?
6 February 2025 | 12 replies
*This post does not create a CPA-client relationship.
Gregory L.
Rent it or live-in flip it?
26 January 2025 | 2 replies
Or we gradually perform high-quality updates for a live-in flip, then roll the equity into a new home.Regarding rental income, we aim to boost income, lower our effective tax rate by generating more low tax-drag income with rental income (since there’s not much we can do to lower out W2 tax bills) and have retirement cash flow.To compare the financial impact over 10-20 years, we want to analyze renting versus flipping.
Rohit Dhing
Seeking Guidance on Sewer Backup Issue – McAllen, TX Rental Property
4 February 2025 | 6 replies
I do engagement marketing in a trades focused field lending me to having very good relationships with tradespeople whom I consider friends- and I trust thoroughly.
Jemini Leckie
Out of State Cash Flow
29 January 2025 | 11 replies
Things just require more ongoing expenses percentage wise out of state because you have to pay people to do everything for you and you will have a longer time building relationships with vendors even when getting decent referrals.
Desiree Board
Sole proprietor, LLC or Corporation?
22 January 2025 | 3 replies
Avoid C-Corps, as they incur double taxation.Use LLCs for rentals and consider an S-Corp election for flips if income justifies the additional complexity.This post does not create a CPA-Client relationship.
Gamal Harding
Columbus Lands Another Large Tech Firm! 4000 Plus Jobs Coming
18 January 2025 | 7 replies
Moreover, the economic ripple effect will likely increase the need for commercial properties, including retail spaces, offices, and support services for the new facility and its employees.Strategic Investment OpportunitiesFor real estate investors, the strategic implication is clear: now is the opportune time to invest in Columbus.
Nate McCarthy
How to approach landlord about buying their rental?
13 January 2025 | 12 replies
This can create a subtle but effective pain point for the landlord—especially if they’re not excited about taking on those responsibilities.
Kaushik Sarkar
First time investment in Multi unit retail
20 January 2025 | 6 replies
Do they have solid banking relationships and broker relationships to lease out the units.
Jesse Brewer
How about a tax credit to HOME SELLERS to help the housing crisis
1 February 2025 | 2 replies
Our elected leaders have the unique opportunity to not only help small businesses, keep industries working, combat inflationary pressures in the housing markets and at the same time make housing more affordable for millions of Americans.Several factors contribute to the tight housing market, each influencing the others in a cycle of cause and effect.
Fetch Phoenix
Bought in a Fire Prone Area, should we sell and consider renting?
1 February 2025 | 7 replies
Indoor sprinklers are so effective.