
19 April 2024 | 2 replies
Apt 2 rented at 1300/mth (2 bd)I would call the rentals B-/C because they are in a giant metal shop and low grade materials.So gross income of 76K annually.Expenses:Insurance is currently $14652 annually but that seems way too low when SFH go for that muchTaxes are currently 2800/yr, but I expect those to nearly double if I pay his asking price (so let's say 5k/year.

19 April 2024 | 0 replies
Purchase price: $250,000 Cash invested: $250,000 Build out income stream with fix and flip upon tenant exit

18 April 2024 | 1 reply
This property cash flows before the ADU.Now im about to graduate college I make more than enough to live on due to having another profitable business with a partner though I have some major personal life changes coming that will take a lot of my income but I will still be able to save an amount I am happy withIn this position where should I go?

16 April 2024 | 0 replies
The Augusta Rule, known to the IRS as Section 280A, allows homeowners to rent out their home for up to 14 days per year without needing to report the rental income on their individual tax return.Originally created to protect residents of Augusta, Georgia who would rent out their homes to attendees of the annual Masters golf tournament, the Augusta Rule applies to any taxpayer who owns a home in the United States, provided that your home is not your primary place of business.How Does it Work for the Homeowner?

20 April 2024 | 12 replies
Acq fee is off the purchase priceManagement fee is generally % of top line income for syndications..but it can vary.

18 April 2024 | 5 replies
I believe the one that does my tax mentioned using scorp due to our income but i seen its not advised to put real estate under scorp

21 April 2024 | 17 replies
@Rob BlockI have been invested with Kirkland Income Fund for a year now, and am very satisfied.

18 April 2024 | 7 replies
To take advantage of the deprecation against your regular w2 income.
18 April 2024 | 41 replies
Self storage in high income areas of Spain.4.

18 April 2024 | 4 replies
Take a distribution from the retirement account over the years where it doesn't hit you up to the next or higher tax bracket.I.E. if your income is $80,000 and the next higher bracket is at $100,000, you may want to take a distribution of $20,000 from the retirement account to help you fund your real estate purchases.