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15 October 2024 | 2 replies
Thoughts on this commission?
15 October 2024 | 6 replies
Does this also mean “selling” the property to the LLC and paying capital gains tax?
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15 October 2024 | 5 replies
I’m debating if this is worth it in the long run because If I do then I get them paid off earlier but at the same time I could be using that extra money to expand my portfolio and buy more houses .
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15 October 2024 | 3 replies
Hopefully a tax expert can weigh in on this topic, as that's who should be answering your questions.
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15 October 2024 | 4 replies
I've only dealt with residential at this point but am looking into self storage and on my search for commercial I stumbled upon a car dealership property where the owner is moving out of state and motivated to sell the property.
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15 October 2024 | 5 replies
If you're still in school, get a part-time job to help accomplish this.
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15 October 2024 | 2 replies
The way to handle it is to allocate expenses based on the percentage of the home’s square footage used for rental purposes.Here’s how it works:Calculate Rental Percentage: Add up the square footage of both the in-law suite and the rented room, then divide by the total square footage of the house.Apply This Percentage: Use this rental percentage to deduct a proportionate share of expenses like repairs, utilities, and mortgage interest.This post does not create a CPA-Client relationship.
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15 October 2024 | 6 replies
Just wanted thoughts and opinions on this property & deal.
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15 October 2024 | 0 replies
What made you interested in investing in this type of deal?
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15 October 2024 | 26 replies
Curious to hear how others in the DFW area are handling this too!