Doing 1031 exchange. Will move all $150k left over after debt payment into new property. Wanting to do STR so I could have spot to vacation in Galveston. Tax guy said I could buy stuff as perks u def my LLC as long as...
Hello all. My husband and I are looking to rehab and flip 2 houses a year in 2016 and 2017. We will be living in them during this period in order to build up capital faster. My question is; How does living in the flip...
Hello all,
I'm hoping someone here can give me some information or if I am out of luck on this...
I started my business in 08/09, we did not make any money in 2009 because we concentrated on marketing our business, b...
InvestHER from Philly...2 properties rehabbed and rented, house #3 just purchased via short sale using bank loan in rehab mode, 4th under contract, trying hard money for the first time...My goal is to increasingly try...
So, with the §164 SALT deduction limit at $10k, is there a business restructure workaround for scenarios where you have multiple properties with high aggregate property tax exceeding that $10k cap? Is it not something...
We do fix and flips with 7-10 projects going at anytime. All our deals are financed by a lender at 75% of ARV. They pay for the house then. We front the cash to start the reno then they reimburse us for the work compl...
Hi all. Want to rent our our sf ranch northeast after purchasing a larger home and considering using a PM. My wife, the boss is fast food. What's it going to cost? I've searched the forum and seen trends of first mont...
Anyone have recommendations for a CPA, Tax preparer, and Tax Strategies in the Greater San Diego area. I think our taxes are getting more complicated but not overly complicated. Looking for some direction.-Multi State...
Hello, I was hoping to get advice about a good amount (if any) to bill a renter for damage to a door frame. They pulled too hard on the screen door, causing the attached metal rod to rip out a few pieces of wood from ...
I have an SDIRA owned property that my SDIRA owns free and clear. My original intent was to hold it as an income producing property, but I need to sell it and I expect to pay UBTI because I only bought it in July....