Keep the money, get taxed on it, and do whatever you want.

Number of sold are up about 12.5%Today's RatesLooking Ahead:As we head into the Spring market, I predict more buyers will begin entering the market, especially once tax season is over with come April.

In a recent post about how to minimize the taxes on rental income it was mentioned that: Setting aside reserves is an expense, so long as they are not excessive.

You can use your LLC, you will just want to talk with your CPA for tax implications. 

I’m debating if I should implement rent increases for current tenants during lease renewal, even if it’s just $25/month to help keep pace with increasing costs and taxes. 

Hello, I am wondering if anyone knows of a few CPA's with lots of rental property experience to help me sort out my first year of taxes and deciding on an LLC in the Denver/Littleton area.

But I am not a tax specialist.

In general the holding cost I estimate are utilities, loan payments, taxes, and up keep costs for example.

if I could find a deal at $300/month profit after principle, interest, taxes, insurance, and a $100 maintenance reserve I would say it’s worth doing now (ie.

My lawyer  needs advice from someone more versed in the tax law.