How can I create a tax structure that minimizes tax burden as a SEI? Is this even possible?
Hi - I'm looking for some advice on resolving a SDIRA issue:My Self Directed IRA made a unsecured loan to an individual (not a disqualified party).The borrower is unable to repay the loan according to the terms of the...
Hey BP Landlords,Does anyone have experience with landlord responsibilities during a power outage caused by weather? I had a tree come down on the power line to the multifamily last night. The utility company should b...
Hii just changed the roof on one of my rental properties. it cost 18K and insurance paid for it and i only paid 1.5K for deductible. do i just depreciate the 1.5K on my tax return or 18K?
Check out how Slocomb was able to save money on taxes. Thank you, Theo Hicks for sharing this blog post with us.
Through cost segregation, you may be able to save thousands of dollars on your annual tax bill. If you ...
Hello - I've been slowly buying and holding SFH and duplexes for last 5 years - total 9 doors and they have done quite well in terms of CF and appreciating. I also ventured into STR and bought my first cabin in the s...
I keep hearing/reading about people that are not paying taxes on their rental income because they can offset it with deductions. I can't come up with enough to cover the income. What am I missing. I am deducting:
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can someone explain how depreciation works in a nutshell, and how it helps your taxes?
Hello! Can anyone suggest what we could do to reduce the taxes on the significant capital gains from the sale of our property this year? Unfortunately we were not able to perform 1031 exchange due to lack of time and ...
Upon last years annual trip to the accountant, our acct. recommended investigating rental property. I was whining about how much of my businesses profits are eaten in taxes (I am self employed). He said several of...