Hello all!First time post. Long time fan. I'm new and apologize if this is obvious. I currently have the opportunity to purchase a home from my mother for $70,000 valued at $240,000. I know typically with the BRRR str...

I'm using LegalZoom.com to create my LLC, going through the process now, they offer a service called "Affordable Tax Service" Free for 1 month, then its $320 for the year, so roughly $30/ month. It doesnt seem too muc...

The cost segregation allows for accelerated depreciation creating pretty big losses on first year of acquisition and there after also.But schedule E doesn’t allow posting those losses to personal taxes 1040. losses st...

I am planning to sell my out of state rental in Las Vegas, it is a SFR owned since 2015 that has a mortgage balance of 150k. And would like to 1031 exchange this to a condohotel in Las Vegas. The cost of condohotel wi...

I spoke to a ate-stage college planning specialist. He helps parents of high school students plan and pay for college using strategies such as merit aid, need based aid, tax planning, savings and investing for college...

Hi guys! I need help!! This is longwinded, but here it goes... I am trying to get my funds up to invest in our first real estate deal and am having a tough time making a decision on whether to do a Heloc or cash Refi....

Hello~
We have a dilemma and would appreciate anyone's input. We are both in our early 40's..no retirement at our place of employment where we both have been for over 20 years. Our jobs are very secure and we plan on ...

Hello y'all !I'm currently super stressed about the financials of a property I'm strongly considering in the S Juanita Area in Kirkland. I'm going to be primarily using the house as a primary residence. However, there...

I am an agent with KW, and I have sold my own house recently. My broker had me pay myself a commission and they had taken their cut off of that as well.I have gotten licensed so that I may primarily buy/sell/invest fo...

Hi all,
As titled.. I did a IRA withdrawal of 300k to buy 2 condos in May/June 2024. 
I didn’t paid the 10% penalty fee. 
I’m not currently working so my income is basically the 300k + (28k gross or 15k net) from a...