Knowing the ins and outs of the numbers and tax consequences of owning real estate, as well as the realities of rehabbing and the construction industry in general will no doubt set us up to be successful if we continue to work hard towards our goals.So far: We moved out of our personal residence (SFR) in March of this year, and purchased and moved into a duplex on the other side of town.

Hello everyone.  I am considering using a 401k loan to supplement my cash on hand for down payment and initial reserves (for a 4 unit investment property).  My question is, if I am using my cash flow to make payments ...

There are two things to consider with that:  1) if you decide to sell it, and have shown your house as partially rented on your taxes (which you should), then capital gains tax will come into play on the rented portion.  2) For your next purchase, unless you have a lease in place for the whole home, you will have a hard time purchasing a multi-family as your next live in flip.  

Remember that when you consider getting rid of it for a small one-time payday at high tax rates.  

Would it be better for tax purposes to remodel the bathroom while I live in it or wait until I move out and remodel it while it is a rental property? 

Greg, something to keep in mind that I learned from my CPA a couple of years ago (I am retired now, so not an issue these days), but if you make over ($150k I believe), your rental tax deductions cannot be claimed.  

All those factors effect the tax implications and loan qualification process.

Hello,I was wondering how everyone here figures the tax benefits specific to real estate investing into their R.O.I. calculations. 

We hold monthly meetings where the following topics may be discussed: getting started, market research, deal analysis, single family investing, multifamily investing, investing in the Bay Area, out-of-state investing, real estate market cycles, fundraising, legal structures, taxes, current trends, etc.

It wouldn't be uncommon to have to advance for many months of insurance and taxes.