Is there a difference in the tax consequences for flipping in a single member LLC vs your personal name? Any suggestions as why to do one over the other?
Owning rental real estate offers many tax advantages. I don't think anyone that has looked into the strategy for more than 15minutes would be surprised by that.
However it does drive me crazy when pe...
I was wondering what exactly is the difference between ROI and Cap Rate. From my understanding ROI is initial investment/net income x 100.
Is this the same for the cap rate, or is it calculated differently?
I’m adding another forum question to my string of cost seg questions.
I’m partnering up on a purchase. My spouse meets real estate professional status. The real estate partner does not meet status and will not quali...
As I’m sure many of you are aware of, bonus depreciation began its phase-out this year. Bonus depreciation has been a key element in the tax planning strategies for many businesses which allowed for a large portion of...
I'm looking into qualifying as a real estate professional, as I currently don't have a w2 job. I would like to purchase a property, manage it and use losses to offset my spouse's high w2 income. I have the basic conce...
Hi. One reason I am exploring investing in real estate rentals out of state (I’m in CA) is to offset realtor commissions. Please correct me if I am wrong, but it’s my understanding paper loses from a rental can reduc...
Hi guys,
Isn't there a specific forum for real estate tax and tax saving ideas?
I haven't been on the forums for a long time but I thought that there forums specific to taxes.
Thanks for the input
Since it's almost the end of the year, I wanted to focus our question on ideas and strategies that can help us make last minute changes to help lessen the tax burden, or to start the year with best practices.
Let's h...
What are your thoughts on the 6 weeks Strategic Tax Savings Program from Keystone CPA? I read Amanda and Matt’s book volume 1 and it was eye opening for me. Am fairly new to real investments (only have one small ren...