I recently purchased tax lien properties and in need of a lawyer who can tell me the end and outs of purchased and future purchases of property. Help draft necessary paperwork to make sure my investments are secure an...
A friend of mine discussed selling one of his rentals to me. - Built in 1989- Purchased in 2000 for 150k- He wants 207K- Rent 1400-1500- Property hasnt been touched in 15 years... needs 20-25 to bring it to nice new s...
If you qualify for a section 199A deduction, you can take 20% of the profit off the top then start with your deductions like repairs, improvements, tax, ins., depreciation etc.? Can you show a loss if without the 199A...
Good afternoon all,
Looking to transfer the title of my personally owned VA loan to my LLC, using the house equity as collateral and securing a business line of credit as the LLC has no current revenue/product. Let m...
I own an LLC that acts as a management company for my rental properties. All revenue and expenses are channeled through the LLC (management company). As any investor knows, it is wise to seperate ownership via differe...
what should a land lord look for in the tax returns of a self employed person net or gross
If I do a 1031 exchange but I can't find a new property do I have to pay a penalty or will I just end up having to pay taxes
Assuming that operating expenses will vary from year to year, what do you typically do in the years with minimal operating costs?
For example, if you have $300k in leftover revenue, do you pre-emptively spend on the ...
My investment account is currently worth $380k. Would you cash it in in order to make a 25% down payment on a 16 unit apartment complex? I would have to pay about 35k in capital gains. Here are the numbers: $1.4 m...
https://www.compass.com/listin...please I’m going to buy this multi family. It’s a great location in SF. Please give some advice what do you think about this property as investment.