Keep hearing about new tax law, but haven’t heard how it will actually benefit us. Can someone please explain it where I can understand what this all means. Tax laws for Dummies, keep it simple lol
1. Opportunity Zones - Jobs act of 2017 has stimulated growth by offering tax incentives in special zones around the United States2. Refinancing or Tax-Free borrowing - When you refinance, you are able to borrow again...
Hi All, I've just started my education on real estate investment after years of putting it off. Something finally triggered in my head that made me focus 100% on this so now I'm hungry for knowledge. I've been look...
if i cant qualify for Real estate professional status can i do short term rental status if i change my tenants leases to month to month
It is silly to ask but I hope you guys don't laugh at me. I've just passed a Real Estate (RE) salesperson exam. My license states that it is a non-working status. What do I need to do next? How does a RE license help ...
Hello All,I am looking to jumpstart a (NJ) RE business (flipping/buy & holds) and was wondering whether I would benefit more from obtaining my RE license or finding a good agent? My main concern is that if I'm fli...
I was wondering what the tax benefits were of owning real estate? I know it is agreat investment, but I wonder what all the little details were. :mrgreen:
Hey investors! Let's talk about leveraging tax strategies to optimize your real estate investments. From deductions for mortgage interest to depreciation benefits, there are numerous ways to minimize your tax liabilit...
Hello fellow flippers. I'm doing my research and I'm wondering what's the best way to see more of your profit, the right way of course. I hear 1031 exchanges are the way to go but it doesn't eliminate capital gain tax...
Hello,I am starting out in real estate investing (live in an owner-occupied duplex currently), and am interested in single-family homes. Does anyone have any advice on the following plan: buy a nice (but outdated) s...