Jason Sinclair
BRRRR Report Fail - Necessary Update Suggestions
I think the BRRRR report is a good place to start, but it is missing A LOT of the important metrics the pros (like @Brandonturner ) use to define successful deals. So I find it really lacking for what it portends to d...
John Clark
Texas House Rental - Annual Return?
I have considered buying houses ($150-200K value) in Texas for rental income. However I'm not impressed with my expected annual return. If someone could help me with my analysis; it would be much appreciated. Below is...
FRANK R.
Conveying SDIRA Owned Real Estate Back to the Trustee
I am trustee holder for (I own) four rental properties through my SDIRA (Self-Directed IRA). I heard from a tax adviser that a rental property in a SDIRA is a tax shelter within a tax shelter. I thought about it and ...
Colin Ghira
💡 **Understanding Changes in Tax Law: Why It Matters** 💡
Tax laws are constantly evolving, and staying up-to-date is crucial for businesses and individuals alike. Here's why understanding these changes is so important:
🔍 **Avoid Costly Mistakes** – Misinterpreting or mis...
M Lindgren
Condo as a rental?
I've found a condo foreclosure that was built in 2003 and sold new for $135,000. The current asking price is $24,500.
Assuming I can't get people lined up all day long to pay $850/mo, is there any reason not to buy ...
Stanley Crawford
I didn't know I HAD to take depreciation
I would like to blame Turbotax for this mess but I know it my fault. First let me explain how I got in this mess and hopefully someone has some good advice on getting out of it. I started buying buy and hold rentals ...
Marcin C.
Tax return suggestions?
I am looking for someone to do my taxes or doing it myself on like TurboTax. I have a rental property and I keep very good records, what do you do? Do you do your own taxes, go to Liberty Tax (or similar service), or ...
Account Closed
IL Cook County improper Exemption
Seller has a tenant in property 3 or 4 years. Tax bill in public records indicates seller is improperly taking owner occupied homested exemption. What potential liabilities if any does a potential buyer have for count...
Ben Kirchner
Use TurboTax or hire CPA?
I've always used TurboTax for my taxes. Been acquiring rental properties over the last 3 years and still get by with TurboTax. The time commitment is not an issue with me, but I certainly would be open for hiring a ...
Pancham G.
Tax deed auction in FL
Hello,I am looking into purchasing a property at a tax deed auction in Florida. I have a few questions and i would appreciate if someone can help me with them.1) As per Florida law, the county does a lien search for l...