It is pretty amazing to me how much money can be stuffed away in tax-advantaged accounts if you structure things properly and avoid controlled group issues. What is becoming increasingly clear to me is that the contr...
Investment Info:
Single-family residence other investment.
Purchase price: $410,000
Sale price: $810,000
Learning what to buy, when to buy, where to buy and how to buy can be very rewarding. EXPERIEN...
Join us for a special Facebook Live session with Tax Pro Amanda Han! She'll be sharing valuable insights on maximizing your tax savings, avoiding legal entity traps, and steering clear of common tax mistakes, even tho...
I've read several articles and have watched several videos about house hacking, and they all talk about using an FHA 3.5% down payment or a conventional loan 5% down payment when possible. If someone has the 20% down ...
I’m looking for advice on what I should do with my current house. I’ve lived in it for three years and want to refinance and use that money on a cash out to use towards starting my real estate investing. My question i...
Have you ever found yourself having to pay into the IRS for income taxes on your real estate properties? Before sending in the check, be sure to take a look into an engineered cost segregation study to see if you coul...
My dad owns a corner property with a kwanzaa hut styled building in Ontario, CA. He has 4 small retail units rented and a fairly large area behind the shop that is unused. My dad still takes checks as payment and has ...
I'd love to brainstorm with this group the best possible RE investing strategy for someone with the follow investing potential:
Current Status
Debt: None (includes home, car, student loan, and credit cards)
Saving...
A question I get asked frequently is if it’s beneficial to do a cost segregation study on a single family home. As long as the property is an investment property, not a personal residence, the answer is yes! Determi...
If a Cost Segregation Study had not been performed on this restaurant located in Boiling Springs, South Carolina that was purchased in 2020 for $970,000, it would have had first year depreciation of approximately $2...