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Results (7,637+)
Kevin Powell Best Passive or Hands Off Real Estate Investments
20 December 2019 | 25 replies
As to what's best is to be decided by you personally as each individual's situation is different and is influenced by your time commitment/money/tax implications/long term goals. 
Davis Hooten Airbnb/House Hack combined - Tax Timing Question
24 January 2023 | 5 replies
I've done some research into the tax implications and have seen that it can get tricky/complex very fast, but that basically you can prorate the portion of your house that you are renting and treat that as a rental property while treating the other portion as a personal home.My concern is that I haven't began renting/advertising to rent out the other portion of my house yet, so my "rental income" is zero for 2022. 
Erin Church Can I have Property Management LLC without a RE license in Ga?
16 January 2021 | 9 replies
I've been debating about getting my RE license, but don't feel like I fully understand all of the implications of doing that yet.
David Hendry HERE IS WHY THE BRRR METHOD IS NOT WORKING FOR ME
8 August 2017 | 29 replies
To quote @Jenifer Levini:It really points out why decisions that are made prior to putting a penny into the process have implications for the long-term cash flow.
Alex Lebhar Tax Questions for House Hack
28 September 2020 | 7 replies
Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion
J Scott SFH Rental Analysis (Spreadsheet)
23 June 2020 | 100 replies
I am still learning so be kind if I am way off basis  :) Tax implications are typically not included in the cash flow number -- they are figured below the cash flow line. 
Account Closed Categorizing transactions not related to a specific property
7 October 2023 | 14 replies
They do not "sell" the asset to the LLC they gift it/give it (which could have tax implications), but as noted in this and other posts, the LLC is not separate.