Checking to see if the following would be permitted under SDIRA investment, using an 80 unit complex as example. I have a solid albeit general understanding of SDIRA and disqualified parties etc. I do have a SDIRA s...
First off, I realize nobody here is going to give CPA services for free. I am attempting get an idea of my taxes and found I am positive on my rental properties. So I am wondering how real estate produces a negative...
I have watched a youtube video that the CPA talked about forming a S corp and dump real estate agent commission into the S corp and pay less tax etc etc. my Question is, for most real estate agents, they are not the o...
Hello all.
I have a question that may not be able to be answered here, but I will try anyway.
I own a number of properties that have been purchased within the last 2 years. The problem (and may not be a probl...
I was gifted a house from my step mother. I have all intentions of BRRRRing the property but before that, what are the tax implications that will take place?
Hi,
Can one of you walk me through how taxes work on an investment property?
Let's assume the following. 50k property.
Income - PITI = $910 in cash flow for the year
Rental income - (Intere...
What’s an ideal cash flow people look for in a property? I’ve read a few different things. I’ve seen on BP that the common denominator says the bottom dollar would be $100 for multi family and $200 for SFH. Is there a...
Hello guys,I am a newbie and I have a question about calculating numbers when making offers to agents. I am planning to make 2-3 offers a day to an agent in Los Angeles area, but when I calculate my offers, it seems l...
Hi Everyone,
This is my first post. I'm in the process of acquiring a property with my wife in Baltimore County, Maryland. The acquisition is on a personal basis with traditional 30 year financing. After close, I'm l...
Anyone have any interesting tax benefits that I could use in the Houston Texas real estate market or any general tax advice? Any CPA’s in the Houston area or tax advisors?