Rich Czapkay
New Member Moving to Texas
Hello everyone! My name is Rich and I am just getting started on the next chapter in my life. I am retiring this December and packing up my wife and dogs and moving to the greater Austin area of Texas early next year....
Sachin Maskey
Boo-keeping - Self or company
I am looking for cost effective company who can help me with my bookkeeping. Any feedback will be appreciated for the bookkeeping. I have reached out to few but most of them are very expensive
Niels Bjørn Toppenberg
[Calc Review] Help me analyze this MF deal
Please note that all amounts are in local currency. If you would like the deal in USD, please PM me or divide by 6.5.Thank you for any feedback!View report
*This link comes directly from our calcula...
Alexander Monnin
Why Your 401k match isn't what you think *math inside*
Why Your 401k Match Is Not What You ThinkI am going to do a mathematical example to show you the real return of your 401k contribution.Let's assume I make $60,000 per year (a modest starting salary for my major). My ...
Larry Spradling
Tax question from a newbie
2018 was my first year of owning properties. I bought two turnkey properties and received a 1099 for the rental income they generated. I entered this info into Turbo Tax. I was expecting some tax benefits. Am I mi...
Mykeesha Taylor
Texas Taxes
I've been researching and reading forums and other people's stories. I've read that high property taxes in Texas makes it virtually impossible to realize positive cash flow. Is that a true statement? What strategies s...
Jane Z.
Hiring kids for a rental LLC
Hi,I have several children related tax question. After consulting with my CPA, I am now confused. Here is my situation.My husband and I set up a rental LLC several years ago. The same CPA told us since only my husband...
Glenn Bates
Closing next week. What to do?
I'm closing on my first vacation rental property next week. What all do I need to do such as getting the HOA and electricity changed over to my name?
DJ Thompson
House hacking a 2 family for my first investment/residence
Hey folks, So the time has come to finally move forward with a home/investment purchase. I am currently looking to house hack a 2 family home in a town next to my job. Was wondering if this looks like a good deal on...
Andy Lanyi
1031 exchange not investing all $. Will that $ get taxed?
I am not understanding the 1031 exchange process quite right. Is it true that when you do the 1031exchange and you do not spend all the money on the next purchase that that money will get taxed as capitol gains. As an...