John Underwood
Loss of business mileage deduction for those with W-2 income
3 February 2024 | 7 replies
My CPA had a letter in my tax prep documents that says that those with W-2 income can't deduct business mileage anymore.This is the first I had heard of this.
Shannon Carter
Have I earned the REI title yet?
1 February 2024 | 0 replies
Hello Bp, I am a new real estate investor based in Prairieville, Louisiana. While I have some initial experience, I am enthusiastic about expanding my knowledge and skills in the real estate market.I am reaching out t...
James W Swindell Jr.
Tax Excess or Overages/Surplus
1 February 2024 | 2 replies
I am new to tax surplus and I want to know how legal is it charge 30-35 % finder fee especially when the "state" puts a limit on unclaimed property of 10%.
Gil Segev
Investing without cashflow - Austin MTR
3 February 2024 | 60 replies
Assuming your prediction of increasing values is true, that will also increase your property taxes.
Monil Shah
Setting up partnership and LLC
3 February 2024 | 5 replies
Also, it will also apportion the profit/losses via the K-1 distributed to each of you come tax time.Good luck.
Laura DenHaan
Investing in Fernley NV
3 February 2024 | 2 replies
Reno is a booming city with tons of tax incentives being offered to businesses and of course the tax free status offer to owner-occupants.
Damian Callaghan
Sarasota / Tampa investor friendly CPA / Tax strategist
31 January 2024 | 9 replies
I am looking for referrals for CPA’s who have an expert knowledge of tax law and work proactively to help clients leverage the tax system to meet their goals.
Jessica Carcamo
When exploring Debt Service Coverage Ratio (DSCR) loans
3 February 2024 | 8 replies
If a property makes 12k a month, insurance and taxes are 2k, then you would have 10k left.
Jamie O'Connell
Things I wish I knew when starting
3 February 2024 | 4 replies
I have constantly under estimated the cost of escrowed taxes, insurance and the such.
Ashley Bitner
Don't know which direction to take - analysis paralysis
3 February 2024 | 3 replies
I don't feel confident enough to buy out of state and the property taxes/interest rates/home prices are so high anywhere around me.