I'm new to real estate and been self-educating for the last 8 months or so ...but one thing I'm a little confused about is the tax advantages...
Do you have to wait until you are a full-time real estate investor to b...
Hi investors,My husband and I are high income W2 earners and invest on the side in rentals and notes.We got hit hard in tax liability, even with tax law changes. Any recommendations? If there’s other W2 folks out ther...
So I am in a dilemma should I as a new wholesale real estate investor start an LLC to hold my properties when flipping the contract or should I go ahead and get my Real Estate license?
I have a situation that I am curious about. If i have a duplex and it has a mortgage of 1000/month and I am able to rent out one side for 1000/month and I live in the other side, would i pay taxes on that 1000? If i r...
So we did our first (non owner occupied) flip this year, paid cash, and had an offer 5 days after recording. (And here I am complaining--right!!) Needless to say, it went way way faster than I had penciled out and now...
Hi, I am bit of confused between selling or keeping as long term rental regarding a property that I own in Seattle area. (Bothell WA).
I wonder any of your inputs might help to narrow down my options.
My property is...
Hello! Let's start a list of ideas we all can do to pay less taxes! I heard someone on the podcast recently just briefly say "Learn to live on pre-tax money." And I haven't been able to get that out of my head since...
What is everyone's thought about including tax savings (i.e. Mortgage interest tax deduction, etc) as income when analyzing deals? Does anyone do this? Should I be considering it when determining profit?
I was watching the video Brandon Turner did for analyzing a deal recently and got to thinking. When you own a rental and are collecting money from it, I'm assuming the government sees that as income, and presumably wa...
I bought my first home in April of this year (2020). It is a single family home and I am currently house hacking by renting out the 3 other rooms to some friends of mine. The home is my primary residence. My mortgage ...