Was wondering do you meet with your tax person once a month??

Do they charge by the hour or do you have them on retainer by paying a set amount a month/year??

I have been doing taxes myself for awhile but now I am g...

Hi everyone,I received an informal text message today from an acquaintance who's wanting to sell a 3 family investment property located in North Newark area. I've asked him to send me specs and pictures of the propert...

I'm moving into 1 unit of a quadplex that I'm purchasing via a pocket listing, closing this week.Is it better for me to leave the homestead exemption on my SFH (appraised at $225k) or move it to the new quadplex (appr...

Hi, I recently signed up to this site and find it very insightful. I am not a U.S. citizen but have live in NYC for a year and am some what familiar with the different boroughs. As a first time investor in property,...

Fine with paying normal CA operating taxes and reg as long as it's once per year not two hits. No active business in WY. It's exclusively for holding purposes for anonymity. If I use this structure will I pay $800 fee...

IRS will challenge the 750-hour requirement under §469(c)(7)(B)(ii).   The Temp Regs set forth the requirements to establish hours of participation §1.469-5T(f)(4):  "The extent of an individual's participation in an ...

It is my understanding that the tax advantages of an incorporated real estate holding company for buy and hold investments do not kick in until there are at least 5 full time employees on the payroll as this is the po...

Hi Everybody,

Appreciate all the advice in advance!

I just had a question concerning the proper split of equity. I currently have 3 houses that my brothers I have purchased under personal mortgages a...

The first property I bought, I bought it titled to my Revocable Trust. As I grow my portfolio, am I better setting up an LLC or a C-corp? I'm interested in your experience with either type of entity. 

How many Wholesalers doing Double Closings are paying the Real Estate Transfer Taxes?These can be quite expensive in some places. For instance The State of Pennsylvania charges 1% of the sales price and the munici...