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Hi all.
I am in the process of flipping a house with a partner. I paid for the house and he does the repairs and pays for the rehab. Then we split the profits. My question is how I should be taxed on the profits and h...
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If I do a cash out refi on an investment property and use the funds to invest in a syndication (investing in apartments, mobile homes, storage etc ) is the interest portion of the cash out refinance tax deductible? Is...
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Hello, I've searched a few of the threads in here, but I haven't quite found anything to answer my question fully. So, I'd like to propose a scenario here:Property purchased for $1,000,000. $50,000 in depreciation t...
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Good afternoon all!
One of my tenants that I've had for several years is interested in purchasing the home that he's currently living in (he's rented two different homes from me). They've been good tenants but don't ...
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Hello! I can't seem to find straight answers anywhere (totally could be looking in the wrong spots - I'm new to this!) What are the tax implications for a Canadian investing in US real estate? My husband and I are Can...
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Hello,My current flip will take longer than a year, about 18 months. Can I still deduct all renovation costs from the profit in regards to paying taxes on the profit. I have all cash in the property and for renovati...
Los Angeles County continues to grapple with devastating wildfires that have claimed five lives, destroyed over 2,000 structures and forced the evacuation of at least 130,000 residents. As firefighters persist in batt...
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Hi there investors! I am newbie in real estate and I don't have much experience in real estate. I'm wondering if you can help advise on this situation.My mother currently resides in a property located in Los Angeles ...
Have you ever considered flipping houses for cash but aren’t sure where to start? If so, today’s episode is perfect for you! Brandon and David interview Steven Pesavento, a long distance flipper who’s doing 75 deals a...
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Perhaps I have an inner socialist I’m not aware of, but I have to ask the community, when is enough enough as it pertains to number of units owned?How often they ask on the podcasts “where are you going from here?” An...