Justin Kliphouse
Help with lease option
Hello all. My current tenant is moving out July 1st. I wanna do a rent to own/lease option. I have a few questions that I was hoping someone could help me. My current cash flow on house is around 500 dollars. So I wan...
Tanner Barnes
Covering the Basics on Apartments
I chose Decatur due to it being away from Huntsville Madison area yet still close enough for commuting, I could see Decatur going in any direction unfortunately as far as appreciation or depreciation. I used street vi...
Drew Slew
How can rental income substitute W2 income for mortgage?
Might be a basic question, but havent been able to figure it out. Lets say you make 100k in a W2 job, and have a few properties as additional rental income. How does one plan out how to calculate how much they will be...
Gelbu Sherpa
Capital Gain Taxes !
Hello BP ! Can some one suggest me in the following situation what will be The Capital Gain Tax !! I been waiting to hear from my CPA and have to make decisions ASAP.Date of purchased:- 2011 lived as a primary residen...
Rob Sawyer
Lease To Own to get started?
Like many new investors, I am under funded and less than attractive to banks for financing.
I have an opportunity to get into res multi properties via Lease to Own thru a group of partners who purchase tax lien prope...
Christopher Ryan
Transitioning from personal purchase to LLC
Last year we bought a commercial property and put it into an LLC immediately. The accounting was fairly simple. Everything was tracked with the LLC immediately.This year, my wife and I bought a 4 plex and used convent...
Joshua Brucher
I own one rental property free and clear in an undesirable area
Looking for some startup recommendations. I own a single family home approx 1,600 square feet. I inherited this property from family, own it free and clear and it is in my personal name. The property is in an undesira...
Sam P.
How to handle 1031 exchange
I’m in process of filing my 2018. I’ve done few flips last year and put majority of what I made into the next flip. All have been cash transactions. I asked my CPA about capital gains since I’ve put most back into...
Alex Gerasimov
Oklahoma LLC
Is there any LLC tax requirements for Oklahoma. Is there any specials rules for Oklahoma that i must know that might hurt me in the end? Should i even bother in real estate LLC in Oklahoma/Thank you
Chris K.
Tax deduction to research investment ?
Hello,If I were to travel somewhere to look at investment properties (would be my first), how would I go about deducting this travel from my taxes since I don’t actually own a property yet?