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How do you figure out how much money you’ll save on your taxes by purchasing an investment property? Or how do you calculate tax advantage?
Say (very hypothetically😂) I had an income of 400,000 and I bought a $100,...
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Hey BP, been learning a lot about seller finance, subject to, and all that good stuff.Just want to confirm something here.When seller financing vs traditional sale, one of the perks to the seller is that they don’t ta...
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The main benefit everyone's raves about, in regards to using an S Corp to flip properties, is being able to funnel some of the profits as "distributions" and limit self employment taxes.
However, in my situation my ...
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I am new to real estate investing (I have yet to buy my first property) and not a lot on money on hand. I do however have a retirement account with approximately $235,000 in it from a company I no longer work for. ...
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Im curently 19, in college with a full time job making alright money; at my age i guess you could say :mrgreen: . Im also always looking toward the future making sure I have everything under control to come.. For in...
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Hi all,I'm trying to crack into the real estate business. I have a real estate license in Michigan and $2,000. Where do you guys think I should start?
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Hi - I’m interested in purchasing land and then build and use for rental. What are the pros and con? How do I approach it in a financially smart way?
I’m currently in a new home myself but I’m delinquent with my mor...
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Hey folks
My wife and I will soon be acquiring a 3/2 SFR before the end of 2017 by way of quit claim. The property is located in NE TN. We currently collect the rent and maintain the property now including all repair...
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Hi everyone!I am interested in investing in real estate! It has always been a dream of mine to flip homes for not only my benefits, but for the good of my community. However, I am currently self-employed, and I am get...
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Hello, I hear that choosing an S Corp election on an LLC is the way to go to avoid extra taxes like self employment tax. I already have an LLC. Do I need a CPA to file this election for me?