Adam Vraa
Is this a Commercial or Residential property?
4 December 2017 | 3 replies
The main reason why I’m asking is to determine the best method to value the deal.
Bryce Davis
Tax Auction in Trust Estate Name
4 December 2017 | 7 replies
Are there any methods to buy these properties since others may be leary?
Phil Rogers
Helping an investor with vacant houses?
14 March 2018 | 8 replies
Both methods are tax differed and give you AMAZING returns.
Tyler C.
The struggle is real...
23 March 2018 | 38 replies
I didn't really know about so many different methods of investments that exist out there....
Nak Lowery
New investor inherited house out of state. Sell or rent?
13 March 2018 | 5 replies
Also remember that you inherited it at a STEPPED UP BASIS.
Josiah Collins
Home Office Deduction
13 March 2018 | 2 replies
It sounds from your description that it is.However, because you also do personal activities in the room (play games on your desktop), it doesn't sound like this would pass the "exclusive use" rule.Playing the games on your laptop in a different room would likely qualify the room as "exclusive use" as a home office.Also note that in the future if you take this deduction, there is a simplified method you can use to reduce the records you have to keep - just multiply the square footage of the office by $5 (if it is under 300 total square feet).
Cody Evans
Social Media Presence VS. Website Presence.
29 March 2018 | 19 replies
I make sure I am always 2 steps ahead of google.
Erik Sherburne
How leveraged are you?
19 March 2018 | 87 replies
Have been getting things in order to step into another small-mid size apartment building.
Ellen Chosnyk
Would you buy a property from your new mentor?
13 March 2018 | 3 replies
What are the first steps you would take?
Kenneth Morff
Buying an Apartment Building, Lending After the Purchase
21 March 2018 | 11 replies
Anyways, I was talking to our conventional financing lender about this next step, and she mentioned that unlike new residential loans, their company won't be able to use the income from the leases on the new apartment building until we file our taxes in 2019, and then they would use the income from our Tax Statement.