Hello!Passed my exam about a month ago and am struggling with making the decision to be a full time agent or not. This will be a big career change for me. I am excited about real estate and would love to be an agent,...
I remember reading this article when longtime pillar of the BP community, Brandon Hall wrote it a few years ago. I'll let the article speak for itself, but if I were to distill it down to a sentence: When it comes to ...
I am a new, confused investor that bought four single family turnkey homes in 2016. I had a CPA do my taxes and am not clear about the tax advantages of owning SFHs. I do not qualify as a real estate professional.1. D...
Hi All,I understand that there are great tax benefits/write offs as it relates to the purchases you have made towards your rental property like depreciation, maintenance fees etc...My question is...Are there any tax b...
Hi all,
I am just getting going with rental properties (in the South) and have 2 right now. Does anyone have an idea of how to calculate how many properties you would need to quit your job?
The other factor is, sho...
I’m looking to flip some house with my self directed Ira. I will loan the money from a private lender through my self directed account. Seeing what the proper way to set it as for ubit tax if that applies and how peop...
Hello fellow realtors!I got my license last month and may not have any earning as a realtor this year. I am looking for ideas on how to manage realtor related expenses that i incurred this year!Can I deduct realtor re...
Property is located and revenue generated in one state, LLC address is in another state. do I need to file in both? Or only where the revenue was generated? I live outside of both states.
I'm wondering how the sale price of a property is affected by the rental history cash flow.If my property generates $50k / year, how much value does that add to the list price of the property?Happy to fill in any requ...
I live in one unit of a triplex which I own (i.e., House Hacking). Both this property, and another property that I own are in a single member LLC, of which I am the sole owner. Because I have been staying for "free"...