I am currently looking into buying a rental property. However I will pursue the deal that makes the most sense and wanted to confirm I am on the right track in regards to my understanding of tax write offs. I plan on ...
My spouse and I have a real estate pass thru LLC we are 50:50 partners / owners of. We are in the middle of a flip which will sell in 2024 and have a second one lined up. Estimate to make 80-100k from both deals. Fo...
I was calling around trying to find commercial buyers for a property I have, and as I was speaking to the vice president of one of the companies, he offered me a job as a broker right on the spot. He said he loved my ...
Do you base the cap rate on what you purchased property for: Or, is cap rate based on current market value of home?Also: is capital costs included in cap rateMy example:1. I purchased property for 25 k ( 10 yr ago)2 ...
I am a Realtor but my bread and butter is shifting more and more to investing,of the past 3 years. I have been able to raise quite a lot of money because of my credibility earned as an agent and just always being an h...
I am in a ESOP at my work. The company just sold and I have to figure out what to do with the money. 75% has to stay invested in company 401k with annual disbursements for 5 years. I likely will keep the 75% invest...
Don't look now but another seismic shift is coming to a real estate market near you.As you might have heard, there have been several recent class action law suits and even Department of Justice guidance that could cha...
Hello,I am 62 and nearing retirement. I have a remaining rental property with a $120 K mortgage. Unfortunately, this property has a variable interest rate that is currently 6.5 %. Reviewing my 401K over the past 5 yea...
I have read a lot about advantage of claim "active participation", but no article about any pros on NOT claiming active participation.
I have placed a couple of properties in service in 2019 and will have a loss that...
Estate Planning / Tax Question located in CTMy parents plan on retiring over the next 5-7 years and have 3 rental properties with mortgages on them. They will have the ability to pay the properties off if needed. My q...