Brett Grabowski
1031 Take Title in Different LLC Name
14 July 2018 | 1 reply
@Brett Grabowski, If all of those single member LLCs have elected to be taxed as sole proprietors and do not file their own tax returns and all activity of the real estate is reported on your own Sched E then you are actually the tax payer for all.
Brett Grabowski
Taking Title in a Different Name
14 July 2018 | 2 replies
@Brett Grabowski, If all of those single member LLCs have elected to be taxed as sole proprietors and do not file their own tax returns and all activity of the real estate is reported on your own Sched E then you are actually the tax payer for all.
Abi O.
Just completed Inspection for 1920s home and freaking out
14 July 2018 | 2 replies
Seller more than likely is aware of the same things you are that area is in transition and that time to sell is now to maximize returns.
Account Closed
How are investors preparing for SALT cap of $10,000 now
18 July 2018 | 31 replies
Business/investment rentals are not subject to this $10k cap as the taxes are deductible on schedule E or the entity’s business return (which likely is a flow through and will end up on schedule E anyway).People were rushing to pay their last property tax in the end of 2017 mostly for their personal residences.
Jared Baker
What pushed you over the edge to get started
17 July 2018 | 41 replies
Filing single with no kids looking at my tax return realizing I needed a tax shelter.
Jeff Sommer
Getting started in AZ
17 July 2018 | 9 replies
I personally won't buy MF in Arizona due to the returns.
Account Closed
Michigan for flipping & investing in cheap real estate
28 July 2018 | 16 replies
Have purchased 4 rentals in these areas and have been very happy with the returns and appreciation.
Account Closed
Accounting NERDS! Help! :)
15 July 2018 | 11 replies
I'd give them a percentage return on their investment so they can see a favorable ROO and move on.
Mealyann Saing
Have $30k for down payment, want to buy a home, no w2! Help!
10 February 2019 | 12 replies
Not having a W2 is fine but then they look at tax returns and since it’s not on there they can’t use it.Best option would be to report it and *gasp* pay taxes.
Leanne J.
Am I reading the Permit Rules correctly for BC?
15 July 2018 | 6 replies
Finishing a basement for a rental generally doesnt bring that much return .