Oscar J Osorio
Real estate financing and the tax benefits
Hopefully anybody can help me understand this, I applied for a loan with a lender and looked at my 2016Tax returns and told me my dtir was to high, when he explained to me that my taxes showed a loss that on paper I h...
Gail Cole
Tax benefits of re-investing in STR
We opened our first short term rental the last weekend of August. We also own a C-Corp business. I have the opportunity to sell the C-Corp netting 700,000. My question is, can I invest it in real estate (specifically ...
Brandon Smith
Tax benefits of flipping with an LLc
Hello again
My two partners have located a house under market that we plan on selling.
Should I use an LLc for this house? Are there any tax benefits? Let me know if more information is needed thanks
I've researche...
Eric Braxton
CPA Question: Tax benefits for LLC Location
Hi all CPAs/tax professionals, quick question. I just closed on my first 2 SFHs in Virginia. I live in New York. I was speaking with a lawyer about setting up an LLC in Virginia but he asked me this question“Before we...
Paxton R Nicholas
Splitting Tax benefits in a Partnership Agreement
I am looking to close a 4 unit property very soon with a close family friend. We know the risks in getting involved with family/friends but we don't care right now. That said, we want to be smart and get everything do...
Brian Davis
STR tax benefits for small business owner
Hello,I wanted to try to fully understand what the tax benefits are for someone who is looking to get into STR investing and trying to navigate tax benefits.Basically my family has a small business that I am part owne...
Dave Hart
Tax benefits when buying in an LLC
My current rentals are all in my personal name with conventional loans. As I grow (looking to buy #4), I'm exploring buying in an LLC with a DSCR loan. What I don't understand is how should I think about the tax benef...
Boston Caruthers
Claiming mom as dependent for tax Benefits
I have heard on the bigger pockets podcast that you have a W-2 salary. You can have your partner be a real estate professional to get some great tax benefits. My mom is a real estate agent so can I claim my mom as a d...
Mallikarjun Reddy Pateel
Seller Financing Tax Benefits to the seller?
I'm currently in talks with a Senior Owner to buy his 10 Unit Rental Property through Seller Financing. i have couple of questions Regards to tax benefits to him. so I can speak more Confidently about this deal.
Numb...
Dee Guzman
Need help discussing tax benefits with LTR
We spoke to our accountant and he related that we will not be able to take advantage of depreciation for my LTR because the combined pensions are over 125k.
How can I “minimize”my income? I only have one LTR.