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Results (10,000+)
Alfredo Trevino Cash Refinance Question
14 February 2024 | 5 replies
Do I get tax breaks as well getting a cash refinance loan? 
Paul Tan First post and ready to buy! What do you think of my strategy?
14 February 2024 | 38 replies
The money you make is tax-free if it's your primary 2 out of the last 5 years (if you rent it for a while, I believe there are some taxes, but it's prorated on time based on what I remember - not tax advice).
John Acheson How to get a $100K tax deduction on $300K investment?
13 February 2024 | 2 replies
Assuming cost segging a rental is the only way:condo or townhome/SFH with NON depreciable landnewer property/fixtures vs older propertyNOT a pro newbie landlord vs REPself manage or prop. mgmt. co.GOAL is biggest tax bene.NOT best cash flowing deal
Kate L. 4 years in and still having a hard time with this one
15 February 2024 | 8 replies
You give the vendor the completed 1099 and you report it also to the IRS in your tax filing.
Sean Craigg Rent out or Sell - 2024
14 February 2024 | 5 replies
This approach would not yield significant immediate cash flow but could lead to equity growth, tax deductions, and property appreciation over time.
Reggie Nworie Solo Investing vs Partnerships: Weighing the Pros and Cons
15 February 2024 | 2 replies
Relationships with licensed trades may be limited due to a lack of experience, and familiarity with things like permitting, property management, and short-term occupancy taxes could be a hinderance.
Jake Cyeed Anyone with a Checkbook Trust SDIRA in California?
14 February 2024 | 5 replies
If you qualify, it is a nice option.In the IRA format, you need to start with an IRA held by a non-traditional custodian, then have the IRA make a single investment into either an LLC or Trust to obtain checkbook control over the IRA.There are a few firms that specialize in establishing a checkbook IRA trust.If you are investing in non-liability risk assets like funds and syndications, there is a clear advantage to the trust as it is not considered a business and therefore not under the purview of the CA Franchise Tax Board.If you will be investing in rental property, the limited liability protections offered by a LLC may outweigh the cost and headache of California filings. 
Danny M. I Just Started Out My Real Estate Journey, Here's My Story.
15 February 2024 | 10 replies
I figure the single-family strategy will have more advantageous tax benefits to flipping, and I can flip it more quickly, possibly in just a year and a half.
Mikhael Brown Seller Financing Taxes
12 February 2024 | 4 replies
He is also wondering if the taxes would be less if he just sells the property outright.
Michael Abasiekong Show Me the Money: Tracking Rental Property Income and Expenses
14 February 2024 | 0 replies
Tax compliance: Keeping good records of your income and expenses will make it much easier to file your taxes accurately.