A couple quick questions that hopefully someone has some experience with. I am looking at moving into a self directed IRA to purchase additional rental properties. Usually depreciation is one of the most valuable ta...
Good afternoon, Can a self directed IRA hire an organization for services owned by a non disqualified person, who in turns hires a disqualified person? i.e. Can I hire a business who sub contracts with my son, if my ...
This is sort of a big ask but wondering if anyone could point me in the right direction. I'm selling my business and I'm transitioning to real estate investment. I plan to start with an STR then I'd like to purchase a...
I am looking to buy a rental property turnkey. I understand some tax benefits should be money I used on maintenance and the mortgage, but the biggest one depreciation seems to be out of reach.Do most people still use ...
Hello BP,
We bought and rented our first investment property last year. It is in our personal name (no LLC) and we did our taxes for the first time. We were keeping track of our business expenses, particularly our ...
Curious on your opinions.
I've started my journey in the expensive Seattle market and found house hacking a duplex gave me a tremendous boost as my first property.
The top 10 advantages that played out quite well:
...
Looking to utilize a 1031 exchange. Need to locate a company that can help. Also trying to decide whether to swap dollar for dollar and have no debt. and income or leverage and have debt. but have larger assets.
No matter if you own a residential or commercial property, maintenance is a constant. Your property benefits greatly from regular maintenance. It can improve the walls' stability. It can also alter the ambience in the...
As I'm getting the foundation of by business started, I'm trying to take into consideration the tax implications as well as the legal implications of the money I spend. Since I don't know the answer to this questi...