Jason Stern
Self Employed Tax Savings & Use For Future Real Estate Investing
I am looking for financial tips for my particular situation.... I am a firefighter and also a self employed business owner. I work full time as a firefighter in Miami working my normal 24hrs on, 48hrs off. I also work...
Doug Wolff
Property owned/taxes paid by a savings fund - Any deal successes?
Found a vacant home as a flip candidate. Tax records show it is owned by a savings fund under a reverse mortgage. Is there any point in trying to offer a deal to a savings fund company?
Karen Chenaille
Best Tax Strategy: Max out 401K or Save for Real Estate?
Hi!I am looking at real estate investing to reduce my tax liability and generate passive income. I have a 401K plan which I have been maxing out annually. My company matches 4% of the first 6% contributed. I have use...
Lindsey Johnson
1.4 Acre lot saved from tax sale and sold on terms
Investment Info:
Other other investment.
Purchase price: $500
Cash invested: $1,123
Sale price: $25,500
A seller got behind on taxes for this 1.4 acre parcel in Colleton County and it was sold at...
Pavel Gos
Basic tips for real estate investors to save money on taxes
I'm a new real estate investor, and I found some basic tax tips, which I want to follow:
1. Depreciation - a non-cash deduction that allows me to deduct a portion of the cost of properties over their lifetime.
2. I ...
Drew Dim
Have your LLC sell a home to yourself for tax savings
I have what seems to me to be a potentially complex question, som here goes:
I own a lot in my own name. This lot is actually 3 combined build able lots (yes it's all legal/permitable, etc so please don't ge...
Terry Portier
My First Quarter Earning’s & Start-up Cost
Labor: 180-hours (15hrs/wk, $80K median household income) = ($7,200)
Labor includes reading BP(education), looking at properties, going to REI association meeting’s, talking to banks, agents, internet research(home...
Masa Don
The Magic of Leverage
Thought this might be a good topic in these declining times. . .
The question is how much of your real estate investments should be leveraged?
Adam Berlinberg
Newbie tax benefits question
I’m new into the world of real estate and close to getting my first rental property. I’m still confused on tax benefits and looking for some assistance. I’m a high earning W2 household ($400k), and I also have around ...
Jonathan Felts
Does Seller Financing Reduce Taxes on a Sale
I am looking to sell a small commercial office condo unit (1728sf) in California. I received two offers one all cash for $609k and the other $625K with $315k down payment and then 5% owner financed over 5 years. I wa...