Account Closed
Questions on Real Estate Tax Strategy or Investing
12 October 2023 | 6 replies
Also, note that excessive front-loading may raise red flags with the IRS.The remaining profit can be distributed as bonuses, dividends, or retained within the business, but it's important to ensure that the total compensation (salary plus bonuses) is reasonable and justifiable based on the shareholder's contribution to the business.Remember that working with a tax professional or CPA who specializes in real estate and understands the specifics of your situation is crucial.
Japnik Singh
Becoming a Real Estate Professional with W2 Income: Need Your Advice!!
9 November 2023 | 10 replies
Any excess losses may be carried forward to future years.Year-End Property Purchase and Depreciation:If you buy a property on December 31, you can typically claim depreciation for that year.
Matt Hunter
W2 depreciation offset
20 October 2023 | 10 replies
Excess Business losses for 2023Limitation of $578,000 for Joint filers$289,000 for other statuses
Mary Joe
Has anyone done triple net leases? good or bad stories to share?
26 October 2018 | 29 replies
So where some might see more gain or a higher cap with other investments a conservative investor will usually see excess risk for the extra return.Mary the primary term of the lease spells out option periods and renewals and how much advance notice has to be given that the current tenant plans to not exercise the renewal option.
Mark Wallis
Frustrated with no response on full price cash offer
5 October 2011 | 17 replies
Why anyone would ever jeopardize their license or REO account(s) by pulling some of these stunts is beyond me, but no one ever accused realtors of being excessively intelligent.
Chad Miles
Property Management: MUST ASK QUESTIONS
13 September 2022 | 15 replies
What fees do you generally try to negotiate because you feel they are excessive?
Philip Velleux
Seller financing interest %
27 December 2015 | 9 replies
@Philip Velleux:We have been in situations where the buyer cannot get conventional financing because the property was too beat up, or because of excessive vacancies the current cash flow would not cover the debt service.
Kathy Johnson
Ross Hamilton Tax Foreclosure Overages
18 July 2017 | 8 replies
A party of interest in the property that was sold at tax sale may assign his or her right to claim excess proceeds only be a dated, written instrument that explicitly states that the right to claim to claim excess proceeds is being assigned, and only after each party to the proposed assignment has disclosed to each other party all facts relating to the value of the right that is being assigned.
Ruben Brett
Chicago Market and Zip Code question
13 July 2017 | 5 replies
Chicago is still a great city to invest in....besides the media bashing and the excessive taxes there are still great deals.
Ron Czecholinski
Looking for creative solution
4 March 2012 | 13 replies
The only solution might be for the owner to refinance, if he can, and absorb the excess into another property.