Quick Question: If I buy a house with cash; Am I able to write that purchase off on my taxes. I understand that each situation is different BUT I'm just wondering if that is something that is possible. Thank you
Quick Question. Anyone have any go to articles or links to understand real estate taxes and advantages. Ive googled my own sources but some seem to contradict one another and looking for something concrete. We are clo...
I own several rental property and I am of course taxed on the rental income as my regular revenues.If I set-up an LLC and place all those properties under, would I have a reduced tax rate?
I have been thinking about real estate for a couple of years, but in the last year I have become very serious about it. There are quite a number of multi-unit homes in my area for sale. After a few months of researc...
A good read it is. Check the linkhttp://entreprisenk.com/?p=705
Let’s look at the great tax advantages of investing in multifamily real estate. These benefits fall into five main categories – Depreciation, Cost-Segregation, Passive Income Tax Treatment, 1031 Like-Kind Exchanges, a...
Hello BP,I am a beginner buy & hold investor and in the process of acquiring my first rental property in California. I am also planning on forming a business entity mainly for tax savings. My questions are: 1. Is...
Good afternoon everyone,I've been licensed for about a year and a half but I'm still very curious as to what strategies investor/agents use to look for potential properties on the MLS. I use TREND MLS (as I'm based in...
Hey quick question. So we are house hacking a duplex currently and I had someone suggest paying rent to myself so that if we are to sell it in a few years we would have a good rent history. Is that something people do...
I have been considering obtaining a realtor license. I am aware I do not need one but I was thinking that having one would give me a certain advantage when it comes to new business opportunities, networking, accessing...