Josh Stack
A "Hall Analysis" of Gastonia as a Market for Buy&Hold Rentals
Hey Everyone,There has been some good discussion about Gastonia lately, particularly in this thread started by @Johnny Szeto. While there has been some excellent discussion and some anecdotal evidence shared by @Ty...
Zachary Jensen
Wife doesn't want to increase rents
I'm just about to close on my first rental property (house-hacking a duplex in a small town outside of San Diego, CA). The previous Landlord raised rents 3-5% every year on this property, so it is currently rented fo...
Jonathan Greene
5 Tips To Create A Real Wholesaling Business And Not a Chop Shop
I am generally not a fan of wholesalers. I find the majority of them to have low repair costs and high ARV. I see way too much daisy chaining. But...the good ones are fantastic. The good ones use some or all of these ...
Dulce Beltran
Buy a Tesla Model 3?
I am in the position to go green aka electric thanks to solar, the numbers all make sense to move in this direction. My net out of pocket expense is roughly $14K, finance it with a low payment, and rapidly pay it off....
Steve Maye
Cashing out of rental property - Reduce taxes
In the next year or so I think we will be selling our 2 rental properties and our primary residence to buy our retirement home. I want to explore ideas on how to reduce my tax burden. We want to buy a home with plen...
Drew Halvin
Taxes Multi Member LLC - Capital gain or ordinary income
Yippy made some money in my first year flipping...now time to figure out my taxes. I'll preface by saying I'm a CPA but don't let that fool you as I was just a former auditor with probably no more expertise in taxati...
Michael G
Ultra-basic tax example
Hello friends,
As I get closer to buying my first rental unit, I am thinking more about taxes. I know depreciation can be used to offset rental income. I have a few questions about what the government considers incom...
Chris Martin
$0 tax due with $109,250 adjusted gross income - it's LEGAL per 1040 Instructions
To me, the most important tax worksheet is the Qualified Dividends and Capital Gain Tax Worksheet on Page 36 of the 1040 Instructions.
Line 9 of the worksheet says: "This amount is taxed at 0%" What is line 9? It's (...
Dustin Keiswetter
Investment Property Flip, Boot Tax Question...
I am close to closing on my first flip. I have paid mostly cash along the way (year and a half) So I am needing to keep some cash out of the 1031 exchange. My question is if I bought the house for 10k and put 30k into...
Leah Burns
Creative Side Hustle Ideas to Fund Your REI Journey?
My partner and I are fairly new to the world of REI and currently own one LTR that nets about $200/month. We both work full-time W2 jobs making a comfortable salary, but we are looking to add additional streams of in...