Understanding the IRS Section 179 Election to Expense Depreciable Assets is crucial to making the most of your tax strategy.
This provision allows taxpayers to expense certain qualifying assets upfront instead of dep...
Hi All ~ Me again, you have all been such a great resource (thank you!) that I think likely you can outdo Google customer service, haha. I have heard people on these forums talk about using the Nest thermostat to set ...
Could someone please put in layman's terms the tax advantages that a Real Estate Professional enjoys in real estate investing? Thanks.
Hey Flippers & Holders/Newbies & Vets,
What is the best legal entity for flipping and holding (for financial and tax considerations)? Is a different entity best for flipping vs holding. In the spirit of "ju...
All,
I'm considering getting one of these for a rental we have where we cover the utilities. Not sure if they are worth the $250 but it seems like it would allow me to track the settings along with enforce l...
Just listened to one of BP's podcasts and they talked about not co-mingling personal funds with property funds. What's the best way to keep everything organized and separate?Any thoughts would be greatly appreciated.
Has anyone done an FHA Standard 203k rehab in the DFW area recently? I'm looking at a HUD property that will only qualify for a 203k loan and am looking for lenders and contractors that specialize in this arena. Due t...
How high is too high?that's the beauty of Investing, you are creating your own numbers and there is no limit on the amount that you can grow to and help others do the same.I recently had a few clients who were curious...
The purpose of the LLC is to team up with other people with LLC to fund a project. My friend set up an LLC with an operation agreement, trust, limited partnership, and assets protection plan, which cost her $10,000 wi...
I am in the process of starting a nationwide real estate wholesaling business. I do not want to limit myself to deals in the local marketplace because my local marketplace is extremly competitive and expensive and I w...