What will it cost me in capitol gains taxes to sell my SF rental?
I am a newbie but I am on my way to getting started. I visit Hawaii quite often for vacation but I want to a) look at possible rental real estate in Hawaii and b) if possible, write off my vacation for tax purposes. I...
1.Attorney- Allows you to set up the property business intity. Having a formal business setup will protect your assets and provide tax advantages to you. Your attorney will file your paperwork with the corporation com...
Someone reached out to me about selling a primary residence they've owned for 14 years, and rented out for the last 18 months.
I know just enough tax stuff to be dangerous.
The gain on the 14 years is tax free up to...
hello I am looking to change my flat roof to a picthed roof for a prospective property. Its a 2/1 dupkex 1800 sq ft total. Is changing from pitched to flat substantually more expensive? Would anyone be willing to shar...
I have an (11) unit apartment building in Lakewood, OH, and I am trying to figure how to best approach re-negotiating with the county for lower taxes. The property was purchased at $335K and I am paying property taxe...
I am considering to buy a home with a built in ADU in CA.Can i deduct a part of property tax and mortgage interest of the property as an expense for maintaining an ADU?
So for eg: Total Property value in 1M (75% mai...
So I have an S-Corp which is idle and recently bought a double which I close on soon. I don’t have a mortgage and I still don’t know whether I am going to rent it out or flip it. My question is, is it better to file...
My wife and I have two multi-families purchased within the past couple years that are on 30 yr mortgages (4.625 and 5.125%) with 25% down and loan balances of about 300k each.I have some extra savings to invest - abou...
Hello everyone! My name is Francisco, I'm really interested getting into Commercial Multi Family (5+ unit). I currently own a couple duplexes but would like to dive into Commercial. Would love to connect with people t...