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Thanks to @Brandon Hall and @Yonah Weiss for helping save $37,818 on 2017 taxes via a cost segregation study.With multifamily rehab and the $2,500 de minimus safe harbor plus cost segregation, taxes on real estate hav...
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How should I file my EIN for a typical fix-and-flip company. I have already registered with my state in GA. It will be me and my dad running this company as the owners. I need advice on how to structure this business ...
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Not exactly sure where to post this, so figured the general personal finance is a good enough place. As others are saying, I'm finding financial planners (both fee-based and commissioned) just don't have enough person...
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I’m in the process of buying a mobile home , $60,000 price getting loan for 25,000 -$30,000.I’ll be getting $7000 from mobile home park I’m putting home in. My question:Should I put $7000 toward principle or keep it ...
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Does your entire portfolio go into 1 bank account? How do you know how much money is allocated in each property so as to not use up funds you saved up for rental A, to pay for rental B's expenses? How do you keep it a...
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Im scrambling to do my taxes.
What deductions should i remember to make, or what little known deductions can i make as a wholesaler/investor?
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Hi, I'm very new to Real Estate transactions. Before I make a costly mistake I'm hoping someone can shed some light on what the consequences are of selling my condo. I purchased 04/16. My then fiancé purchased a du...
I was reading this CNN article hardly a conservative bastion. The article discussed five norms we should expect going forward. Thought I would share and get your reaction.
The five new norms
Long term unemployment...
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I had lived in the house for 2 years. I put down about 100K and am walking away with about 300K, 100K of which is my down payment, give or take (rounded numbers for ease of discussion).I just moved into one of my chea...
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Financial Independence Retire Early (FIRE). It seems to be everywhere these days. I just heard on a podcast that there is a movie coming out in a few months about the FIRE movement - which sounds awesome. I'm sure ...