Julio Gonzalez
Historic Tax Credit FAQs
When rehabilitating or investing in the rehabilitation of an eligible historic or non-historic building, you may be able to take advantage of one or both of the historic tax credits: 1) Historic Tax Incentives and 2) ...
Alexander Reyes
What are some interesting tax benefits for owning a house?
Anyone have any interesting tax benefits that I could use in the Houston Texas real estate market or any general tax advice? Any CPA’s in the Houston area or tax advisors?
Greg N.
Down Payment Advice: Roll 401K into IRA into Down Payment
Hey All,I plan on purchasing my first property by the end of the year and I'm thinking about how to most effectively use my funds/savings for a down payment (about 20-25K).I amassed a small 401K balance with my previo...
Doug Watts
First Flip Listed! Any strategies to avoid CAPITAL GAIN$?
My first flip is listed on the market and should be selling soon. I was just wondering if there are any strategies or things that could be helpful to me on the capital gains. Im pretty sure in texas you have to own ...
Greg P.
Private Lender as Business Entity Considerations
Hi,
My apologies if this has been addressed before. If so, please "point" me in the right direction. Thanks!
What form of business entity do private lenders choose who lend from only their own funds? ...
Kim LeJeune
Tax Advice for a "Lease Option".
Hi,
I have a house that is owned fully by me (no mortgage) that I created a lease option on with a lessee. The FMV is about 165k. I received a 15k down payment and am receiving monthly payments of $1578 for so many ...
John Yowpa
loan questions regarding money loaned to LLC
hi allMy wife and I started two LLCs recently.LLC #1 is her non-profit. This pays rent to LLC #2, which has the mortgage for the property.In order to pay for the property we of course has to use personal finances for ...
Michael Hurdle
Using Retirement Account to Invest in Real Estate
Greetings. Does anyone have experience with using his/her retirement account to invest in Real Estate? If so, does the entire profit amount have to go into the retirement account or just the amount that is used from t...
Todd Magin
Transferring Equity Investment From Solo401K into Roth
How do I determine the value for tax purposes of an equity investment when transferring ownership from a Solo401K to a Roth account? If I invest $100K in an equity deal (syndicated or crowdfunded) using my Solo401K a...
Kerry Mertz
How should I invest my self directed roth IRA?
I have about $30,000 in a self directed roth IRA and I keep going back and forth on how I want to invest it. These are the options I'm considering:1) Get a non recourse loan and use it as a down payment on a buy and h...