Philip Ganz
How does a Deferred Sales Trust work?
2 January 2025 | 12 replies
The DST gives you this option, while 1031 does not.2) Direct up to 80% of the funds to an LLC and partner with the trust for a business purpose such as purchasing investment real estate, loan business, buy into a business or develop investment RE at your own timing (all capital gains tax deferred, without having to follow any timing guidelines.)3) The DST can save a failed 1031 exchange.
Steven Catudal
Increase in property taxes
4 January 2025 | 11 replies
@Steven CatudalWhat was the prior valuation compared to what you paid for it?
Cody Caswell
Save Hours at Home Depot + Lowe's
18 January 2025 | 0 replies
These serve two purposes:1.
Angelo Llamas
Taxes on a property that isn’t yet ins service
14 January 2025 | 4 replies
So if he were to rent it out wouldn’t that show up on his taxes and say if the bank finds out and is okay with what would he do with it on the tax side of things would he report it as soon as it it’s in service or what would he do for tax purposes.
Vincent Plant
Hard Money Costs Too Much?
13 January 2025 | 15 replies
What's the purpose of trying to get a loan when I have to pay that much out of pocket just to get it?
Paola Astrid
Refinance DSCR Conventional?
26 December 2024 | 15 replies
With good credit and a relatively low LTV, they may price comparably.
Levi Perl
When to lower rental listing price?
3 January 2025 | 18 replies
The purpose of marketing is to attract an in-person showing.
Tyler Bolton
LLC versus personal umbrella policy for Indianapolis SFH rental
12 January 2025 | 7 replies
>>For purposes of taxes, consult with a CPA to confirm this would work for your situation, but you could have the LLC be treated as a "disregarded entity" and thus, even if you and your wife are members, any profits/losses would "disregard" the LLC and go directly on your personal returns.
Heather Bailey
Insuring your House Hack
13 January 2025 | 6 replies
This protects against potential claims and liabilities specific to the rental.For tax purposes, maintain clear records of rental-related income and expenses, allowing deductions for insurance, utilities, maintenance, and depreciation proportionate to the rental unit.