Using the $ you receive as Rental Income as "Real" Income when a Lender goes to look at your Taxes:a Lender that I spoke with told me that they could NOT use the $ I show as Rental income on my Taxes........... this c...
Have LLC for buying and renting homes want to set up separate business to manage, do repairs for LLC and want to do the work myself in that business. Can Joe Doe LLC (owned by Joe Doe) hire Joe Doe property managemen...
I was introduced to the world of passive real estate investing through syndications and there are many benefits that to continue to be shared, including bonus depreciation. I’m new to this world so I don’t fully unde...
Hey guys I was just wondering what the state of North Carolina categorizes income made from wholesaling as. Is it earned income or capital gains + self employment?
Do you have to pay Capital gains tax on your wholesale fee
I'm considering turning my one rental property into a BRRR strategy. I am also considering leaving my current job to work on this BRRR strategy full time. Is refinancing the properties possible without an earned income?
Is there a legal way to add funds to my IRA when all of my income comes from passive earnings.?
Hi, I have 17 unit rentals and I have set up a S-corporation acting as property management company. The average property management fee in my area is 10% of the rent collected. How much should I pay to my corporation ...
I've created an LLC in Broome County, New York. It's time to decide whether to leave it as pass-through taxable or choose to have it taxed as an S-Corp. My plan is to use the entity to hold my buy & hold propert...
I'd like this thread to be a place where we compile a list of the major tax deductions available to a real estate investor. Since I do flips, I do not get the benefit of depreciation, but here are a couple of good on...