8 March 2024 | 8 replies
I'm thinking of managing myself and looking for a fee based advisor who is versed in tax/management.

8 March 2024 | 8 replies
An LLC might be a wise choice if you want to purchase many properties or take part in more intricate real estate deals.The owning of real estate under an LLC may have different tax consequences.

8 March 2024 | 2 replies
Curious if any tax pro's out there know if capital gains from sell of SFH rental property is included "Provisional Tax" for SSA tax purposes.Thanks,Paul

8 March 2024 | 8 replies
How comfortable are you devoting time to researching tax code and methodology to prepare a cost segregation?

9 March 2024 | 26 replies
This means you are doing it strictly for the cash flow.If it were me, I would go the ADU route, Rents could be comparable to the condo without the HOA dues (yes higher Cap-Ex but those are long term expenses), and with everything on one property, things are just easier to manage (one mortgage, one property tax bill, one insurance, etc.).

8 March 2024 | 7 replies
Remember that the IRS has strict rules regarding SDIRAs, and any violation of these rules could result in penalties and adverse tax consequences.

8 March 2024 | 11 replies
Another thing to check when running your numbers is the POTENTIAL taxes on the property.
8 March 2024 | 6 replies
They carry forward but would be much stronger from a tax planning perspective if they were used to offset active income.

6 March 2024 | 22 replies
If so, then it should be a tax free sale.

6 March 2024 | 1 reply
Today, let's discuss property tax assessments.