Kyle Scofield
College Student w/ LLC filing for taxes
Can I still be claimed as a dependent on my parents taxes? How does this work?Thanks in advance to anyone that answers!- Kyle
William Harmon
Self directed IRA for first rental house purchase
I'm considering using my IRA as self directed to buy my first rental property and I have several questions. I have roughly 25K in a traditional IRA to invest. I'm looking at a turnkey property.1. If I use the IRA to f...
Gustavo Mendoza
Should I refinance my Househack?
Hi there fellow Househackers,
I've been getting contacted by mortgage lenders left and right offering me to refinance down to a lower rate with them. When it comes to qualifying for a loan like verifying your income,...
Dallas Smith
Selling 2 properties
In Louisiana, looking to sell 2 properties. 1 is my investment property that is a llc. The other is my primary residence. The goal is buy land to invest in a business. Is a 1031 exchange the only route to avoid capita...
Michael Plaks
PPP rules for partnerships reversed on April 14
Today, 4/14/2020, the SBA issued their 3rd "Interim Final Rule" (what a name!) in 2 weeks, reversing the method of applying for PPP loans/grants for partnership.https://home.treasury.gov/system/files/136/Interim-Final...
Igor Balakhnin
Do you pay capitol gains tax on owner occupied duplex at sale?
Hi,as far i was aware this whole time when you owner occupy your duplex one side and rent the other for 2yrs and you sell it within 5yr period there is no capitol gains tax. Is that statement true? I'm getting a lot o...
Jodi Barraclough
Benefit of structuring as Series LLC and S-corp for Taxes
Good afternoon!
We are currently structuring our Real Estate Investment company. There is seemingly a variety of recommendations as for how to establish this entity. Is there any advantage or disadvantage that comes...