I'm self employed and have a 760 credit score. Due to write offs and deprecation my tax return is not that impressive. I flipped some really good SF contracts that would of been good keepers if I knew of a loan produ...
I talked to the always helpful @Dmitriy Fomichenko a while back about SoloKs, SDIRAs and Checkbook LLCs and despite the SoloK being the obvious best choice, I came to the conclusion that since I don't make any schedul...
I have a tricky situation regarding my tenant's security deposit.The situation is such that:- My tenants signed the lease in their name- My tenants employer agreed to pay for everything (1st & last month's rent an...
How to Gage Economic Conditions
These are ways to determine economic conditions:
- Local Sales Tax Reports - paying close attention to the major factors affecting the major employers
- Auto sales - dig down to le...
I wanted to describe a situation and see if anyone can tell me what the tax implications are:
You get your real estate license to help with your part-time investing business and don't use it as a typical agent would....
Wanting to understand how the interest part of our income (partnership LLC) for short term loans- mostly fix & flips, are considered for tax. One accountant said it’s not subject to self employment tax since it’s ...
Hey guys!
I'm new to this site and I recently just got extremely interested in real estate a few months ago. I'm a senior in college studying engineering. I have one more year though since it's a 5 year progr...
Hi everyone,
I’ve been lurking on the site for some time, but I wanted to introduce myself now that I’m making the jump into real estate investing full time.
I’m not completely new to real estate investing becau...
Hi everyone,I am in the last leg of grad school and just recently took it on myself to start learning about real estate investing. Since then I have started reading a few REI books that everyone seems to recommend and...