Since note dividends are taxed at the same rate as regular income, and there are no tax benefit like depreciation or mortgage interest deductions, I am looking back to real estate to help avoid keeping 63% or less of ...
1. Executive Summary:
Briefly introduce your real estate wholesaling business, emphasizing its unique approach.Highlight the use of Earnest Money Deposit (EMD) loans and efficient double closing strategies.
2. Busin...
Hello, BP
My wife and I decided to place our then primary residence for rent in Nov/Dec '19. Its our only rental property. We did not file for LLC or anything like that. Is it necessary to file under qualified joint ...
Protecting Your AssetsIf you are sued because someone is injured on your rental property, including a guest of the tenant, then your personal assets are not necessarily protected as an individual landlord. Regardless ...
Hello All:Background: I have a Self Directed IRA that I plan to use to make my first Real Estate Investment Multi Family (both residential and commercial) with 20 % down payment coming from my IRA. My wife is conserva...
Hello Everyone,
I am highly interested in applying some of 401k towards a self directed IRA. It seems like a good opportunity for me to get involved in real estate with out currently having a ton liquidity.
However...
Hi everyone, i wanted to put my ignorance out there and see if I can learn some valuable information from you all. I'm looking to form a simple tax strategy based on a very small portfolio, I want to do it right while...
Okay, I need some major help from someone that currently bought real estate with a partner @Linda WeygantWe are trying to buy one SFH in one person's name/credit. We already have the house under contract and have th...
Hey everybody,I am trying to strategize with my friend and partner about purchasing our first property. Do any of you know if there can be two buyers listed on an FHA loan, each of us being in different states, do we ...
I purchased a ticket in December for a flight in mid-Jan strictly to visit one of my properties and attend a seminar. Would this be a tax write-off for my 2019 tax return? Also wondering if the expenses incurred dur...