Is it more advantageous to have tenants pay for utilities which we’ll need to add as income

OR deduct from taxes as expenses?

Selling an investment property can result in significant capital gains taxes. To minimize this tax burden, consider the following strategies:1. Utilize a 1031 Exchange: Under IRS Code Section 1031, you can defer capit...

I realize this question is best answered by a tax professional but since it's the busy season, so far I can't find anyone (including calling the IRS and turbo tax live) and was hoping someone can give a simple answer ...

California LLC.  Business established Jan 2018.  My partner and I started off by forming an LLC but quickly learned that we should probably have a passive and an active income LLC.  We have already poured our funding ...

I'm wondering if there is a legal way to use a self directed ira to buy a PROPERTY I CURRENTLY OWN THROUGH A LLC? I could retire the mortgage if so.

If a tenant passes all the requirements and is willing to pay a year up front are there any special tax considerations a landlord should be aware of? For example, if the lease starts on 2017 and ends in 2018, should t...

Need help navigating this situation: I have 11 rental houses. All cash flow. Just last year I started full-time into it. I pay myself the contractor fee on each house I fix up myself (5 houses last year). At tax time,...

An investor has 400 k that needs to be exchanged. We have identified two properties with a combined asking price of 1 mil. 25% down and closing costs would get us around 275k. The two properties could use 125k ...

I have a question about the 1031 exchange that I’m still confused over. Let’s say I bought a property for $200k and rented it out for many years and paid off the mortgage so it’s free and clear. Now I want to sell it ...

If you are a licensed agent and looking to build rental portfolio, assuming you represent yourself... what do you elect to do with buyer side commission? 1) Get paid as if agent
2) Try to Reduce closing costs
3) Red...