Hi!Just finished reading the House Hacking Strategy and I have a question that I believe it goes unanswered in the book.I´m wondering how is the income you get from house hacking getting taxed, at which tax rate. The ...
We are approaching allowable IRA distribution age and have multiple rental properties all with taxable cap gains and no mortgages
We have taken a second rental as primary residence now but why sell at this point in ...
Hi all,
My husband and I are high-income earners in a high income tax state (California). We currently own a SFR in Texas, but we are looking to purchase another SFR in Arizona. Given our tax bracket, including tax ...
Hello!While building a financial model, I realized how mediocre my understanding of taxes are.Assuming a flip is done in less than a year - so short term capital gains - what are the taxes to account for?My current as...
This is a very debatable topic but...I have a self-directed IRA. I have only used that IRA to invest in private notes and hard money lending because those types of investments produce "interest" income which adds to m...
Hello everyone. I know this is a huge topic but i never seem to read something and say...yeah thats my situation. So hopefully i can get some recommendations.
So last year i purchased 2 multiplex properties. Didnt...
I just got my first check for $12,125 from a birddog fee on land/timber. Now how much to put away for taxes? I live in texas.
Thanks everyone in advance.
I'm purchasing a commercial apartment building and the short version is that the Seller is willing to close immediately (which I prefer) but has asked to carry the loan through December. His reason is that we are help...
Would you buy tax benefits if you could? An example would be $180K worth of depreciation for $140K
My partner and I are considering stopping all 401k deductions (MAXED YEARLY) to fund debt payoff. I am not sure if this is the correct approach and looking for advice? We currently have a 2 rental properties and produ...