Stephen Shelton
With rent, what gets taxed?
I have a question on what gets taxed when it comes to rental income. Of course there are loads of other factors but I'm looking for general answers for someone living in the US without state income taxes.For example,...
Wes S.
The TSP Loan -- Waiting for the other shoe to drop...
Good morning BP. I've been considering using a Thrift Savings Plan (TSP) loan to help finance my next investment. As I've looked into it with some caution (after all, EVERYBODY* says "Max out TSP! Don't touch it!"), t...
Daniel Carty
How do I estimate Property Tax?
I'm buying a few investment properties in Detroit. How do I estimate what property taxes will be?
Farid Moaveni
Do you have to pay taxes when refinancing a home after rehabbing?
Hello,Does anyone know if you must pay tax on the “income” earned after refinancing a home you recently rehabbed? If I invest total cost of 80k in a home, get it refinanced at 120k and get 70% of that to invest in ano...
Joe Wood
Reducing taxable income ideas
Hello everyone,Interested to see what are some good ways to increase deductions in order to reduce taxable income. I am already acquiring one more property, but looking to see if anyone has some creative ideas out there.
Juan Alvarado
Creative financing question
Hi fellow members. Here is my question. I’m thinking about doing a deal with my partner to pull equity from one of my rentals. The plan is to sell him one of my properties.I currently do not qualify with banks due to ...
Henry Clark
LA Fires Taxes and Insurance
Folks this is meant as a beneficial post and not about good or bad positions. Anyone answering is not responding as a Tax accountant, Insurance expert or as a Financial advisor. All situations are specific to indi...
David Rawls
Commission or lower sales price?
Hello,I'm a Licensee and I invest in RE with my business partner. When we buy MLS properties; Would it benefit us more to take the commission or should I decline the commission for the sake of lowering the purchase pr...
Tyler Speelman
Bonus depreciation in a self directed IRA
Hi Everyone,If you invest in a syndication using funds from your self directed traditional IRA can you take advantage of bonus depreciation to offset any taxable gains when you withdraw or convert to a Roth IRA? Thank...
Seetha G
1031 Exchange - Lessons learned!
Hello AllHaving completed a 1031 exchange there are some important lessons i learned. I haven't read about them anywhere so just wanted to share with you all so that you all could be cautious. 1. 1031 company - Title...