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10 February 2024 | 9 replies
Our mortgage is at 2.78% for 30 years and our mortgage payment (inc taxes and insurance) is $6K/mo.
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10 February 2024 | 13 replies
During the webinar, the author mentioned a specific type of loan that offers tax benefits or potentially exempts taxes when used for flipping purposes.
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8 February 2024 | 16 replies
It might be a legitimate investment, but making an overseas investment like this and having to put money down on a dome before seeing it in person was a red flag for me.
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10 February 2024 | 4 replies
My thinking is that this will 1. save them ~$11K in capital gains tax, 2.
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8 February 2024 | 13 replies
Alabama has now implemented the new tax lien system and many are left wondering how it really works, especially with the OTC tax liens.
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9 February 2024 | 11 replies
They all look like legitimate cost of doing business repairs to me.
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10 February 2024 | 1 reply
And (huge bonus), because it's specifically created for real estate investing, it integrates perfectly with your Schedule E for taxes so it's just making my life so much easier.
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10 February 2024 | 9 replies
When you sell to your new entity vesting your title insurance is no longer valid, and you owe transfer taxes.
10 February 2024 | 21 replies
Not only do I want to avoid paying taxes on that money, but we want to invest it as well.
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10 February 2024 | 3 replies
I'm moving forward with flipping and not stopping anytime soon.Would like to set things up the right way, as soon as possible as well a CPA to make sure my taxes are on point.