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23 January 2025 | 45 replies
If you can house hack there I totally would.
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23 January 2025 | 16 replies
Now if I pass that income as management fees to S-corp, I pay $3.5K (SE tax) + $800 (LLC fee) + $1700 (CPA + bookkeeping) = $6K in total.
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26 January 2025 | 51 replies
This is a great example of why the sponsor is an integral part: "it all starts with a good sponsor", but the deals matter too.
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13 January 2025 | 11 replies
.-- Starts picking back up end of February when this tenant pool starts getting their income tax refunds and aren't broke anymore.6) Section 8: where is the property being advertised?
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6 January 2025 | 13 replies
If there's enough duplexes that it's likely you find one you like in a reasonable amount of time (less than a year), then start looking at them in your preferred area.
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24 January 2025 | 36 replies
I was hoping to do a deal and get my feet wet with something relatively simple to start.
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2 January 2025 | 8 replies
Happy to share resources or insights that might help as you get started!
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24 January 2025 | 0 replies
This tax can significantly increase the upfront cost of acquiring property, so it's important to factor it into the total cost of investment.2.
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13 January 2025 | 0 replies
with the information provided can someone please give me our cost basis so I can figure total capital gains?
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10 January 2025 | 13 replies
It's no guarantee but it's a good place to start.