Hello fellow investors,Have any of you used fee based (percentage or flat fee) tax protesting companies successfully?Or, have you protested yourself and saved some money by doing so?Any practical tips either way would...
Hey now, My rent house is Garland Texas and the property taxes are a full 1/4th of all expenses.I see advertisements for these law firms that will contest you PT for you and take their payment out of your savings? I g...
Hi folks,I have an opportunity to partner with someone to rehab and flip a property and was wondering what is the best way to proceed - open a LLC or S corp? Assuming that either would be better than doing it persona...
Hi allI am trying to purchase my first rental; I was pretty decided on SFR but recently found out I can get a better rate if I consider more units.I am very familiar with the market here in Texas for SFR, but how do d...
hi all. Looking for some insight on my situation. I own a 2 family unit in CT and recently relocated to MA. I'm considering selling. I currently owe $150k on the property. Sale price was $229 and it wld sell for somew...
Hello BP,I am a beginner buy & hold investor and in the process of acquiring my first rental property in California. I am also planning on forming a business entity mainly for tax savings. My questions are: 1. Is...
I have a single member LLC that is taxed as a S-Corp in which I flip homes and drive for Uber. I purchased a property in 2017 and finally sold it in 2020. I sold it for less than what I bought it for. I have filed the...
Looking for input on how to view and analyze Cash on Cash return vs Cap Rate %. Both are key numbers but which carries more weight?
If we purchases a home as an investment property, build a DADU, and sell the home and DADU (around 12 months after the purchase), what's the best strategy for tax saving?My partner and I are both on the higher end of ...
Help me out here please, smart people!
Is there a tax savings to live in one of your own units vs renting your primary residence somewhere else and renting out all your units?
Scenario with fake round numbers: 3 Uni...