Aaron Adams
Can I hire my own C-corp to manage a property I personally own?
Hi Everyone,My wife and I just incorporated and are still getting everything established for the corporation. After much research, we went with a C-corp over an S-corp. Anyway, my wife owns a home in New Mexico (we l...
Daniil Kleyman
ROI vs. ROE vs. Cash on Cash
In talking to people and reading various posts online, I see a lot of confusion and varying opinions on ROI vs. ROE vs. IRR vs. Cash on Cash. For example, some people think that in the first year when you purchase t...
Larry Varnado
SDIRA Custodian Protection from Bankruptcy?
Hi,
New to SDIRA and researching before plunging in. Reading everything i can get my screen on. One question that i've not found answered:
Suppose i move forward and set up a SDIRA LLC with CheckBook Control. ...
Account Closed
How much does hiring a title company cost?
Is hiring a title company necessary for my first deal? How much is hiring a title company?Do i hire a title company when i get a deal under contract or before or when i close the deal?Thanks.
Keith Hoffman II
Tax Deduction for Rental Property Mortgage Interest
My accountant told me that b/c my income is over 150K, the interest paid on my rental property mortgages are not deductible. I would only be able to claim these ductions if my income falls below 150K or when I sell ...
William Huston
Is my Accountant correct, rental property question?
Hello All, I am looking for some advice or maybe assurance that the accountant I have been using for the last few years is actually correct with the questions I have been asking him. I reached out to my accountant reg...
Tami R.
Flipping
I was listening to the podcast today - love the fact about where David was going into a property 90-120 days and flipping it. Purchasing it for 75k putting 25 or 27k into and selling for 125k. My question is this......
Joanne Potros
Robinhood investing = $217k IRS tax bill?
I invested some money into stocks and some crypto over the past few years. I noticed that robinhood reports much higher numbers than actual purchases to the IRS. I've never actually sold anything at much of a profit e...
Jantsen Locke
how do i conduct a seller financing plan start to finish?
I understand the high level idea of seller financing, and i am now faced with two properties that I feel could be perfect for this. I have never used seller financing, as i am currently house hacking with an FHA loan...
Ye Tun Aung
Attorney or CPA for forming LLC
Who should I use for forming LLC? Attorney or CPA?Any recommended Attorney or CPA around Los Angeles area? Thanks,