For all my fellow Relators out there. We've ALL heard that if you are a full time real estate entrepreneur you can offset a large amount, if not all, of your tax liability by investing in real estate and selling it at...

Charles Kim owns two S Corps: Kim's Tae Kwon Do Inc. and Kim's Brokers Inc. in 2012, he W2ed himself $30k for both corporations. He has two 4th degree black belt instructors working for him and has a K1 of $70,000. He...

I'm an active investor, but I don't qualify as a professional REI.  I'm trying to understand what types of business related expenses I can deduct.  I have created an LLC that I will be using to buy my investment prope...

My question is whether you believe rents in boston are sustainable for the long term.  Current rents are dependent on millenials being willing to live together sometimes 3 to 4 roommates to an apartment.  Do you think...

I am in need of a good CPA. My current accountant says that I have to suspend most of my real estate losses do to the fact my wife is a high W-2 wage earner. I know you are limited to $25K if you are a non professiona...

Hi All- This is my first year in real estate investing and i have bought 4 properties this year spending roughly 30-40K in each of the properties for rehab. Can anyone please suggest me if i can offset that spending a...

Hi all,
As titled.. I did a IRA withdrawal of 300k to buy 2 condos in May/June 2024. 
I didn’t paid the 10% penalty fee. 
I’m not currently working so my income is basically the 300k + (28k gross or 15k net) from a...

I seem to have trouble finding a plumber that's interested in doing rehabs.  If they are, they are flaky or  not  very professional.  I welcome your suggestions  for somebody that is the right mix of reasonably priced...

Hello I'm currently in school to get my real estate license in Louisiana and i'm wandering if someone can point me to information about Errors and omissions insurance. What exactly is it and how and where do I pay for...

Hi,We just received the inspection report back on a flip we're selling and the buyers have written into the contract that all work must be performed by licensed and bonded contractors. Even for something as small as p...