Leah Hagans
1031 mixed use swap help
Sold a ranch (relinquished property) which was mixed-use (primary & business). We are trying to find information on how to identify if a replacement property will quality as a mixed use 1031. An example would be a...
Mike Curadossi
Partnering with high w-2 income on multi families?
Hello Everyone,So I just lost out on a great 3 family because I couldn't make a 1031 exchange work with the sale of one of my existing rental properties in time. It made me think of other creative ways to potentially...
Lee Israelsen
Renting basement Tax write offs
I am building a house this year. If I build a basement apartment, can I write off a portion of the expenses it took to build the house when I go to do my taxes for 2024?
Amandeep Singh Bassi
How much do you set aside for repairs each month when analysing?
Hello everyone, how much do you set aside for repairs each month when analyzing a property?
The property has not be bought yet, has not been seen in person, the property is just listed on a website.
This
questio...
Joe Kamenar
Profit/Loss Allocation for Multi-Member LLC that Holds Property
Suppose you have an LLC that has as it purpose to own a vacation property, where one member is the main investor and one member is the main user and partial investor? The "user" member will both rent out the property ...
Collin Lee Johnson
Allocating additional funds so as to appear below income limits
Alright guys so here's a hypothetical (and it is an actual hypothetical right now as I haven't gotten a raise yet); let's say that someone is currently making below the income limits for a housing program and will be ...
Kelli Leong
Asset Allocation: What percent of your networth is real estate?
I am curious about how others are structuring their portfolios. Specifically, how much of your total portfolio/net worth is allocated to real estate?
Nikki Kofkin
Special allocations of profit sharing in multi member LLC advice?
Hi everyone, I am in a three member LLC as stated above. I am hoping there is a tax expert out there who can help advise on what is allowed in terms of profit sharing, specifically if only one or two members of the LL...
Zaid Badabwan
Allocation of income and expenses to properties in same LLC
HelloI am starting to use Stessa software for my multifamily LLC instead of excel sheets I am using now. I used to have an excel sheet for each property, but I am not sure now if I have to allocate every expense and i...
Alexander Diaz
How much income should I allocate with a 200k salary
Hello everyone. I am an 18 year old freshman in college working towards a Phd in Economics. I will be around the age of 24 when I start working making around $200,000 a year plus whatever my partner makes. to make thi...