Bharath Janakarajan
Tax reform - save tax dollars on properties under LLC
Hello All, I own my investment property under my name. However, with the current version tax reform, it does look like pass through business (like S corp and LLC) with less than $500,000 income will be able to automat...
Albert Xavier
10% Correction in Bay Area market after Tax Reform?
Hi Folks,I cannot understand why more people are not talking about this. Renter:Imagine I am a renter in Bay Area and I wan't to buy an average $1M home here in Bay Area and want to put down a decent 25%. My loan woul...
Michael Plaks
Tax reform Q&A Thread 4 - New creative tax strategies
Colleagues and friends,The original GOP reform thread started by @Brandon Hall is well over 200 posts by now. This is one of the follow-up threads specifically for discussion of new creative tax planning strategies, i...
Lance Lvovsky
Tax Reform: IRS clarifies interest on HELOC often deductible
There seems to be confusion regarding how the new Tax Laws affect the interest deductibility of home equity loans and HELOCs. A lot of folks think the new laws do not allow deductibility of interest on their HELOC. Wh...
Michael Plaks
Tax reform Q&A Thread 3 - Itemized and business deductions
Colleagues and friends,The original GOP reform thread started by @Brandon Hall is well over 200 posts by now. This is one of the follow-up threads specifically for discussion of personal itemized (Schedule A) deductio...
Neil Narayan
Texas Legislature Reaches Historic Deal on Property Tax Reform
The deal is the largest-ever legislative effort to rein in skyrocketing property taxes and keep homeownership attainable and sustainable for Texans.The Texas Legislature is poised to approve more than $18 billion to r...
Tim Burdette
IRS Section 121 Changes
Are the changes to the IRS Section 121 still included in the tax plan? For those who don't know this excludes gains on the sale of a primary residence that was lived in for 2 of 5 years. The tax plan released earlier ...
Llewelyn A.
What happens to House Prices if Mortgage Interest deduction ends?
Unfortunately, it seems that this Government wants to take away any kind of Debt Financing of either Business or Home.It's pretty much in the Republican Tax Reform policy that they are pushing ahead. What's even more ...
Michael Lin
Is an LLC Smart and Cost Effective for Multiple Properties?
Hello. I own one primary residence home and a rental property, both in California. With the recent tax reform and SALT deduction changes, I’ve been thinking whether an LLC would help with my tax deductions and be a be...
James Campbell
HELOC in Rhode Island
Hello everyone,
I'm looking to open a HELOC on my primary residence in Smithfield, RI. Does anyone know any good banks or cu's that offer the lowest rates, highest LTV and $0 initial draw? Im looking online at Pawtuc...