Hi guys looking to get some general advice on my situation.  I own 12 properties in cash in LLCs (disregarded entity so I file taxes in my own name not the LLCs) but am a foreigner so have only found 2 banks that can ...

What are the tax implications of owner financing from the sellers perspective?

Hi BP, Im relatively new to your community and trying to soak it all in . I had an idea to refi my house to payoff student loan debt. This would give me a lower interest rate on both and allow me to write off the inte...

I had a closing today that was supposed to be funded by another closing; however, the folks purchasing my home delayed things too late and so I had to find another option to finance my purchase.

My dad offered to "gi...

Question on Gifts and taxes. I have a client, whom has parents willing to gift ~$100k. I understand that the annual exclusion per year is $14k; could you help me understand what this estate tax lifetime exclusion is a...

Hello everyone,We are nearing the end of our first rehab and flip project, and I was wondering how we go about writing off expenses for taxes. I was getting fairly clear on how to do it for rentals with division into ...

Hey everyone. I was just curious if anyone has taken advantage of using their capital gains from the stock market towards opportunity zone investing. I know that you can do this when putting it towards an accredited o...

Hypothetical situation:Say someone inherits an IRA - per RMD (Required Minimum Distribution) all of this money must be withdrawn from the account in ten years and is considered taxable AGI.In order to avoid a pretty l...

I am interested in forming a partnership for a future multi-family buy and hold. In exchange for 20% equity, I would locate the deal, perform minor maintenance and repairs to get property ready, and manage the propert...

What does upcoming 5G service mean for landlords?   I gather cable companies will be displaced as internet service providers.   Currently cable comes into house, connects to modem than to router which sends out wifi s...