I am an investor who is in a higher tax bracket. I am working with a tax attorney who is advising me to form a C corp. I can do my flips and wholesales through the C corp and lower my effective tax rate. I know ...
My parents own a rental property in Kenneth City (near St. Pete, FL) free and clear. My father is OVER the landlording game. As a matter of fact, my mom owned this property when they married almost 30 years ago so I'm...
Hello all,We are considering turning our current residence into a rental when we move our family into a new home. There is over 100k in equity in the property. We recently refinanced on a 15yr for 2.75% interest with ...
My first flip is listed on the market and should be selling soon. I was just wondering if there are any strategies or things that could be helpful to me on the capital gains. Im pretty sure in texas you have to own ...
I am going to start my first LLC for an MFR that I am going to acquire. I am trying to determine the most efficient and tax friendly way to do this. Should I make the Family Trust the sole member, should I be the so...
Hello BPI am new to real estate investing here in the Sacramento area. I am currently looking for an investor friendly Real Estate attorney, CPA, and Tax professional. I am thinking about starting my LLC, but decided ...
Good day everyone!
Just wondering was anyone in the community experienced with tax deed/tax lien properties and auctions. Ive acquired a few properties through online deed auctions. Just looking to connect with other...
Hi! I am looking to sell my primary home in 2025. I initially bought it in 2016 and converted the carport into a one bedroom studio where I lived for a couple years Airbnbing the main house. I have since bounced aroun...
I do plan to talk to my tax advisor about this. But this is crunch time tax season, and it's hard to get ahold of him. Just wanted to see if anyone here as an idea so I can at least start brainstorming a little.If I...
I have a deal that I've been working with the sellers on and their accountant just informed them on the capital gains tax since the rental is in their parents living trust, they said they are no longer interested and ...