Here's a framework that you should know for tax planning:
The further you can push your taxes out, the smaller they become.The time value of money shows us that a dollar is worth more today than 20 years from now.Pla...
After several months of researching, I want to begin the process of starting my own real estate investment company (a LLC). I want to eventually use it to get into wholesaling, flipping and eventually rental propertie...
@Jay Hinrichs once asked what is going to drive the next round of RE correction since there is no sub-prime this time...I would say this time, it is the political uncertainty, sudden shortage of cash, and sudden disap...
Does anyone in Ontario have experience applying the Ontario First-Time Home Buyers’ (FTHB) Tax Credit and Home Buyers Plan (HBP) to an investment property? I have heard that there may be cases when the FTHB and HBP ca...
If I'm understanding how the new tax laws affect RE investors, I'm surprised there's not more talk about this. It seems that unless you qualify as a "rental property" (currently or actively trying to rent), then no e...
I opened up a LLC for my two rental properties. All payments are made to the LLC in a separate account however the mortgage is still in my name. Can I still file taxes for the LLC and use the pass through exemption e...
Hey! I used a HELOC for property expenses. Is the interest on that HELOC a deductible expense against that property's income?
With the specter of a US default growing over this debt ceiling issue, how do you think all this is going to work out? Republicans are firmly against tax increases and want steep spending cuts, but Democrats want tax ...
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...