I've been looking for a multifamily deal in metro Atlanta for a while. It seems like most are trash and the ones that have a little juice in them need a ton of work. I have a construction company that builds single fa...
Is it standard no matter what the appraisal of your property is?
Hello everyone, my name is Kay. I'm new to investing. For the past few weeks, I have read many posts on BiggerPocket and learned so much about real estate. Thank you so much for sharing your knowledge and wisdom.
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Around the end of November I closed on a property. in the closing docs they had estimated property tax to be a little over $300/yr, and credited about $280 to me at closing for the first 11 months tax. Tax time rolled...
Im about to close on my first multi unit at the end of next month. I will be doing my own Property management at a rate of 7%. What is the best way to do this? Create company in my name ? Just claim the income on pe...
Technical professional working full-time ready to return to real estate investing. Have done a couple re-habs in the past, interested in the same as well as rental property. Have substantial IRA assets to work with, w...
Hey all,I have a regular W2 job that provides a substantial bonus check annually. Over the years I have heard of gossip that changing my withholding for this single paycheck is the best tax strategy. My employer combi...
If you have your properties in a LLC and have separate business accounts are you only taxed on money you take out (salary) from the LLC? If there is extra cash that I could be pulling out as salary but don't and it st...
Are there any tax benefits to doing fix n flips where you sell the LLC that the property is held in vs. selling the actual real estate?
Example: Purchase and rehab a house in an LLC, then sell the LLC.
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Hello!
I have a question for anyone who can help. For last 2 years I has been investing in the US for cash in houses under Airbnb.
I buy everything for cash, but I would like to finally start building my credit sco...