Collin Lee Johnson
Allocating additional funds so as to appear below income limits
Alright guys so here's a hypothetical (and it is an actual hypothetical right now as I haven't gotten a raise yet); let's say that someone is currently making below the income limits for a housing program and will be ...
Kelli Leong
Asset Allocation: What percent of your networth is real estate?
I am curious about how others are structuring their portfolios. Specifically, how much of your total portfolio/net worth is allocated to real estate?
Nikki Kofkin
Special allocations of profit sharing in multi member LLC advice?
Hi everyone, I am in a three member LLC as stated above. I am hoping there is a tax expert out there who can help advise on what is allowed in terms of profit sharing, specifically if only one or two members of the LL...
Zaid Badabwan
Allocation of income and expenses to properties in same LLC
HelloI am starting to use Stessa software for my multifamily LLC instead of excel sheets I am using now. I used to have an excel sheet for each property, but I am not sure now if I have to allocate every expense and i...
Alexander Diaz
How much income should I allocate with a 200k salary
Hello everyone. I am an 18 year old freshman in college working towards a Phd in Economics. I will be around the age of 24 when I start working making around $200,000 a year plus whatever my partner makes. to make thi...
Jedd Braunwarth
Off market deal- how can seller lessen tax burden selling to me?
Alright experts need some advice. I have an off market deal I am buying from a seller, roughly $1.8mm, we had many conversations, toured the property, etc. The owner is wanting to fully retire and move out of state an...
Adam Milewski
Waikoloa Beach - Hawaii
Considering buying a short term rental - wanted to know if anyone here has had any experiences, good, bad, ugly? The financials look pretty sound to me. HOA's are high, but overall seems like a good bet on the outs...
Tom Lewis
Looking for Income property Kaua’i Hawaii
I’m looking to purchase or manage rental property in Kauai east/north side. Just recently got my Hawaii license and have a lot of history/experience in management both long & short term rentals... I’m looking to s...
Steve Salvatore
Rental Property Vehicle Deductions and Taxes
I use TurboTax to do my rental property taxes on multiple properties. My properties are within a 1 mile radius, but I'm spreading trips across multiple properties. Is it a better strategy to record all mileage ag...
Ellen Xu
Tax implications of closing cost of cash out refinance?
I refinanced my residence last year to get cash out to buy an investment property, so I have two closing costs: one for refinancing my residence to get money out, the other for buying the investment property. Could I ...