Hello investors, I'm a first-time landlord who lives out of state and seeking advice.During pandemic, I purchased a rental property near Austin for around $380k with 25% down and a low interest 30yr mortgage. Ideally,...
I'm building my real estate portfolio but have no traditional income. I will be getting a W2 job again in a few years, and wanted to know if I can carry over my unused deductions from previous years? Where can I find ...
I have a question about cryptocurrency and tax implications.
Suppose I am paid $10,000 for a job or service I perform and receive the amount in Bitcoin.
I understand that I need to treat the $10,000 in bitcoin as ...
I’m looking for clarification for how a seller would benefit from seller financing, versus an outright sale of the property. (Besides the obvious of getting interest payments from the buyer) Is interest paid to the s...
My CPA is telling me that I cannot use the sum of all my rental properties losses grouped together as one large loss to offset capital gains of the sale of 2 of those properties. He is saying that I can on only use th...
Hello,
New from Smoky Mountains... I have an important quesitons for those who might know:
If you write a real estate contract on a property which is accepted by all parties, fully executed, then it "falls through" ...
Owner Finance Guidance -We recently put our property on the market for owner financing. We started thinking of all the nuances we will be tackling during this process; our note is due on the balloon soon and we will b...
Investment Info:
Other commercial investment investment in Washingtn Twp.
Purchase price: $140,000
Sale price: $222,000
Terms: 10 year Land Contract. 6% interest only payments on balance. Balloon ...
Investment Info:
Other commercial investment investment in Washingtn Twp.
Purchase price: $140,000
Sale price: $222,000
Terms: 10 year Land Contract. 6% interest only payments on balance. no early p...