We have a LLC that just closed on a flip where we made short term capital gains on. We decided not to do a 1031 exchange, but are looking for ways to minimize the taxed amount. Under this LLC we also have rental prope...
I have a question on what gets taxed when it comes to rental income. Of course there are loads of other factors but I'm looking for general answers for someone living in the US without state income taxes.For example,...
Forgive me if I'm posting in the wrong place, but I'm stuck and I'm not sure where to turn. Any direction would be appreciated.
I'm certainly spending a lot of money, time, and miles on my car, but I don't own any pr...
I have an existing 401K that I am considering rolling into a solo-401K for single-member LLC side business I have. The brokerage it is with tells me that I am not allowed to invest directly into real estate or notes -...
Hi all :) I'm considering liquidating my 401k to buy rental properties. I currently have 4 and they're cash flowing quite well.I've been reviewing a few discussions here on BP that discuss the benefits and disadvantag...
I have two rentals along with primary residence in San Diego,CA. Now the rental income is increasing my tax burden as an income. Any strategies i can use to reduce this rental income and building more assets on the wa...
When using the Brrr method and it comes time to refinance do you have to show any rental history of the property being rented? Is that something the lenders take into consideration? If so, how much?Found a property th...
I am new to real estate investing and would like to buy and hold rentals. I am wondering if it is best to set up and LLC, get a business accounts and business credit cards before actually buying a property? I want to ...
Hey everyone,I am graduating college in a week or so, and want to be prepared to budget effectively as I start getting real income for the first time. I'm curious as to how you manage your money, any apps you use for ...
So I am reporting from a neutral stand point on the Rentredi software after 2 weeks of being a member. I would love to hear opinions from others who have more experience with Rentredi. I will update this post as time ...