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Results (10,000+)
Mike Levene Most efficient source to pull funds from for a down payment?
23 January 2025 | 7 replies
I believe interest is tax-deductible if used for property improvements or purchases, and it gives you quick access to funds while keeping your stock portfolio intact.Private Money Loan: If you have a trusted partner and terms that work well for both parties, this could be an efficient solution without tapping into your other assets.
Amanda Lindsay Is Rent Redi too good to be true?
19 January 2025 | 13 replies
It links to our business bank account and our business credit card so come tax time, deductions should be easier.
Zhong Zhang a multifamily investment case analysis
19 January 2025 | 6 replies
The tax benefits refer to the tax deductions from mortgage interest and property tax.The returns mainly rely on appreciation, and the cash flow only improves in the last few years, also depending on securing the 5% refinance rate.I've learned a lot from this forum, but as I start to operate on my own, I'm still not completely confident.
Tayvion Payton Would You Pay an 18% Premium for Seller Financing at 2%?
19 January 2025 | 8 replies
You’re paying $70k in “non-deductible” interest in exchange for less deductible interest. 
Bruce Rasquinha SDIRA's as investing tools
23 January 2025 | 5 replies
It scales up to 37% once you get to around $12k of income but the UBIT is calculated after the first $1000 is deducted along with expenses and depreciation again only on the same % the property is mortgaged.
Todd M. Inheriting tenants and no move-in inspection
26 January 2025 | 5 replies
They can fix them to get their SD back or you can deduct that without them saying "it was like this before". 
Evan Price Possible Small Claims Court Action Considered - Need Previous Tenant's New Address
14 January 2025 | 1 reply
Just deduct security deposit and move on.
Aaron Wolman First Turn over
11 January 2025 | 7 replies
Looking for peoples opinions if the quoted costs are fair to take off the security deposit.TYIA You are absolutely within your rights to deduct all that from the security deposit.
Wiley Hood Are DIY cost segregations a good idea?
12 January 2025 | 28 replies
A professional study, though more expensive, often identifies more deductions and is better for IRS scrutiny.
Nicholas Woo what are your thoughts using Anderson advisors?
21 January 2025 | 31 replies
With enough knowledge you can make a educated decision on which approach you take.My experience:I personally don't sign up for any program who take you aside during events and try to sell packages that is just blatant sales strategy.Once you sign up there is every attempt to make you sign for their programs for bookkeeping, registered agent, LLC or corp setup fee which have ridiculous even with platinum membership.Basic standard structure they suggest to take advantage of multiple deductions can be easily achieved by proper education or work with a good firm like https://wcginc.com  who is local to you.A umbrella C-crop to manage all other LLC properties and take advantage of many tax deductions that are not available with a llc, its also used to take losses up to 100K as startup expenses and dissolve the entity after few years.Few LLC entities for investing in Real Estate, etc preferably in Wyoming or Nevada ( you can find many companies online who can do this for $150 compared to anderson $1500-$3000) , they will claim they have a secret Operating agreement which is bogus.They certainly try to take advantage of tax loopholes and claim to be smart people, my view they are just taking advantage of numbers as per their own statements.