Shanna Bechtel
Non Performing Note Drawbacks
Hello Investors,I'm new and looking into Note investing. I don't have much cash (like $500-$700 in the bank) but need to get started soon to help pay down debt. Most of my extra cash is being spent on debt. I found a ...
Account Closed
Would This Plan Work??
Hi Guys,I am from the UK and am wanting to start a property portfolio in the USA. My question to you all is......................."Could i create a Series LLC in Delaware for example and own property in GA?"If i could...
Melanie Baldridge
What is recapture?
Newton's law of tax:
What goes down must come up.
Everyone enjoys the sweet benefits of bonus depreciation, but what happens when you sell?
A post on recapture:
People are concerned about recapture when they cost...
Nicholas Overby
Depreciation and paying zero tax
I have roughly a $100k/year taxable income between w-2 and some self employed activities. I want to buy rental property, but my accountant says that I can only take up to $25,000 in losses, but thats only if your inc...
Eric S.
What to do with extra 1031 money ???
Question I will have about 22k left over from my 1031 that I will either receive back and pay 15% taxes on. I owned the previous house for more than 1 year so that's why capital gains tax is that much in Ohio accordi...
Henley H.
Long term rental vs. short term rental taxes
Hi Their,We have a property with an extra dwelling on it that we have rented long term for about 6 years. We are considering making it a short term rental instead.Are taxes more favorable for long term or short term ...
John Kerr
Capital gains reinvestment
I was wondering if I sell one of my rental units if i can re-invest the capital gains to avoid paying taxes on it. If so how long do I have to re-invest? Any info on this subject would be greatly appreciated.
Thank yo...
Taya Shavers
CPA for Starters ?
As a starter, at what timing is good to hire a CPA ? on the first property? second or after several ?
Robert Becher
1st time homebuyer downpayment question
Hey everyone, got a question I hope someone can answer for me.Looking to buy my first house. Was wondering if I should save up for the 20% down to save on the mortgage insurance, or just go ahead and use what I have f...
Elizabeth Conklin
LLC for one property -yay or nay?
I am hopeful that this question is not too basic. :) I have one rental property and wanting an LLC to manage expenses (avoid co mingling) and set up a more professional business structure for future purposes. Ques...