Brandon Stiles
Questions about using LLC for flips...
16 January 2024 | 9 replies
Mainly so I can elect to be taxed as an s corp and reduce some of my SE taxes.
Gucci S.
Self-Storage- active or passive income
16 January 2024 | 0 replies
Hello everyone,I have not been able to find any relevant information regarding this topic, Is self-storage considered active or passive income from a tax perspective?
Ryan Lam
Primary Residence: Hold or Sell?
16 January 2024 | 8 replies
Sell the current primary residence, take advantage of $400k tax free (capital gains exclusion), use the proceeds to fund the down payment (20%) on the new house.
Leslie Beia
Transitioning From Rentals in TN to Flips in TX: LLC/S-corp Q's
16 January 2024 | 6 replies
I am solidly on that path but need to get my business structures figured out to reduce my tax liability as much as possible.
Jenny Westerhoff
Any Landlords with experience selling to your long term tenants?
17 January 2024 | 2 replies
You would do better on the tax side of things and you would have a refundable deposit.
Kerry Malarkey
Death of partner in residential rental
16 January 2024 | 2 replies
I have been managing and preparing the rental financials/tax statements/cash distribution for the last 15 years on the property.
Marcus R.
Creative move-in specials?
16 January 2024 | 7 replies
I’m sure paying something for movers can be somehow credited towards your taxes next year.
John K.
Newbie seeking advice for buying his first house in Austin, TX
17 January 2024 | 5 replies
You could go north and sort of towards Round Rock, but I am not too familiar with those areas .2) You'll need to talk to a lender, but take into account property taxes here.
Denise Evans
Alabama Tax Sale Redemption Rights
14 January 2024 | 234 replies
Three years after the tax sale, the investor may demand a tax deed.
Ali Matula
Where do I start? Live and Flip to Buy and Hold.
16 January 2024 | 1 reply
The cash out is "Tax free" and can be used as a down payment and to build a safe net by putting 3-6 months reserves in a savings account.