Roan LaPlante
How to legally change ownership of LLC in Ohio
I have a highly specific legal question regarding Ohio business law. I have noticed many other investors here from Ohio.My wife and I were married yesterday. We now wish to convert my real estate holdings to holdings ...
Julio Gonzalez
Have You Considered These 5 Tax Incentives & Credits?
Did you know that many real estate investors receive up to a million (or more depending on your investments) in tax incentives each year? Unfortunately, so many of these tax credits and incentives are overlooked. I pu...
Chaim Zigelman
Ratio between property price and Expenses
Hi All,I am doing an analysis on a property. The property is worth between $360k-$430k. They want $480k.I am trying to calculate repair expenses. They are saying that repairs are $1000 a year. I do not believe that th...
Andrew Boykins
Lending for Tax Break
I am a part time real estate investor who does buy, rehab, refinance, rent. I have a bit of an odd question I haven't been able to figure out. I have someone looking to invest but they are more interested in a tax b...
Jacob Munson
Questions about tax savings on rental condo in Encinitas
Hi all, had a few questions about my condo in Encinitas which I originally purchased for $430k and maximizing tax benefits when I turn it into a rental in the coming year.1) How do I figure out my adjusted cost basis ...
Liz J.
Help - Mortgage Boot and Taxes
Hi. I am in the middle of a 1031 exchange. I have a questions about mortgage boot. I will have $220k in mortgage boot because I can't get a new mortgage. I have $400k at the intermediary. And I am spending all of it o...
Alexie Franck
Guidance on closing my 1st RE deal
Hi All, New investor here. I'm in attorney review for a 2 family. I want to close but I have a few concerns and they may seem trivial to a seasoned investor. Here are my concerns: - I paid $28k over asking - tenants i...
Brad Fletcher
Turbo Tax & Rental Depreciation
There’s a question on Turbo Tax that we’re stuck on. Do we take all depreciation this first year as an expense or depreciate over the useful life? Not sure if I’m even asking the question properly but it says in Turbo...
Bette Hochberger
Navigating Property Tax Assessments and Appeals
How do you effectively navigate property tax assessments and appeals to ensure accurate valuation and taxation? Share your insights or seek advice.
Matt Hein
DIY Cost Segregation
Has anyone tried online DIY Cost Segregation services like https://diycostseg.com/ ?I have a SF rental with about $140,000 into it and am trying to decide: 1) Is cost segregation worth doing at all? 2) What is the v...