John Underwood
TN tax return for a STR?
I know TN has no state tax.Is there any requirement to file a TN return on a STR? I live in SC.Wyoming LLC owns a TN land trust that owns the cabin.My CPA asked me and said sometimes a state return is filed, but I jus...
Steve L.
Does Return on Equity Matter
I own mostly SFH in Southern California. Market value has changed on many of them since I bought them and my return on equity is pretty dismal. We are starting to debate if we should sell some of them to generate ca...
Account Closed
So you want to be a D class landlord
Its 4am in Vegas. A brouhaha just happened on my floor in a well known hotel. Im still shaking and hiding under the bed.The N word was being used left and right , screaming girl, im pretty sure someone was being thr...
Kevin Stein
Seller Financing, Down Payment, HELOC Etc.
Hello BP,Similar questions have been asked many times but I was hoping to get some advice on my particular situation.I own my personal home and a duplex that I rent. The duplex has ~55k in equity. My initial thinkin...
Brian Leong
1031 and buying property for small business
Hi all, Long time lurker and first time poster. If this isn't the right place, feel free to move it.I purchased a rental property many years ago and have been filing taxes under my personal income since I never put it...
Daniel Lee
Need some stradedy advice.
So I need some advice on best way to proceed. I'm looking at investing pretty heavily this next year but not for sure exactly what route to go. I have my main home in Amarillo, TX which is valued at $130,00. I owe ...
Keli A.
Input Please - Pay off our Rentals or Contribute to our 401K's ?
We have six rentals. Both of us are W-2 employees within 10 years of retirement at 67. One employer matches 401K contributions for first 6% at 50% match. The other employer offers No Match at all. We had each been...
Sonny Sach
Can I use accelerated depreciation in a syndicate?
Hi,Can accelerated depreciation be used in a syndicate to lower the tax burden?Thanks,Sonny
Account Closed
First time RE investor. Please poke holes in my strategy!
I’ve (29M) about $250k saved up. Don’t own a home yet, but I’ve been planning to buy one for a while now. Instead of buying a single family home, I’m thinking of buying a condo outright in cash, rent it out so I can s...
Pamela Rivas
Can foreigners buy Real Estate in Mexico? Legal process explained!
As a Mexican real estate agent living in Canada and with a presence in the United States, one of the most common questions I hear in the investor community is: "Can foreigners buy real estate in Mexico?"
The answer i...