Brian Dvorak
My Tenant Wants to Buy the Property through Seller Financing
6 March 2024 | 8 replies
With a land contract, you still have liability risks and if the buyer ever incurres liens or judgments, they will attach to your property.
Jack B.
How will buying more rentals with cash out refi from existing rentals affect CG Tax?
6 March 2024 | 3 replies
@Jack B.Financing does not affect capital gain taxes.
Landon Hale
Real Estate Professional Status?
7 March 2024 | 7 replies
Hey Landon, I only know of one tax court case where someone with a w2 was able to qualify as REPS.
Glenn Verley
HELP! Trying to figure out what to do with INHERITED LAND!
8 March 2024 | 13 replies
Be mindful of your property taxes.$5625/acre is a steal compared to TN land I've been looking at.
Caleb Rehg
Filing Quarterly Taxes
5 March 2024 | 2 replies
Do I need to pay quarterly taxes and if so is this doable on my own or should I have a CPA do it?
Andrew P.
cash out refinance investment property
8 March 2024 | 14 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
Joshua VanName
Can anyone help with the cost basis of an owner built rental
5 March 2024 | 10 replies
I could easily find the expenses to bring my tax liability for the income from building it down close to zero.
Kyle Swengel
Bonus Depreciation and My CPA’s Advice
7 March 2024 | 22 replies
Cost segs are one of my favorite tax planning tools yet the tax benefit is dependent on facts and circumstances.
Latroy Powell
County Auction Purchase, Checking for judgments, priority mortgages, taxes or liens
6 March 2024 | 3 replies
There may still be other encumbrances (judgments, priority mortgages, taxes, or liens) that survive the sale.
Tom Puiia
CPA Recommendation NH
7 March 2024 | 6 replies
@Tom Puiia if you're only engaged for tax prep service with your current CPA, that may be why your expectations are not aligned with the service you're receiving.