J Acosta
Tax Benefit for Dec 2020 vs Jan 2021 purchase and expense
I assume this is a simple enough question that experienced real estate investors could answer so I put it in this forum vs. tax.I have my first buy and hold rental under contract scheduled to close before Christmas De...
Marlen Weber
The Benefits of Real Estate Investing When It Comes to Taxes
Thanks Theo Hicks for this amazing blog post.
In our recent interview with @Slocomb Reed and Phil, we looked at the importance of real estate investing and tax planning. If you use tax mitigation techniques like cost...
Jodi Barraclough
Benefit of structuring as Series LLC and S-corp for Taxes
Good afternoon!
We are currently structuring our Real Estate Investment company. There is seemingly a variety of recommendations as for how to establish this entity. Is there any advantage or disadvantage that comes...
Daniel Alfandre
Can I claim tax benefits on purchase/renovation-before it rents?
I purchased the property and renovated it in 2020 but won't rent it out until this year. Any tax benefits I can take in 2020? Thanks.
Shahreare Joy
Are there any tax benefits with FHA loan for a triplex?
I was interested in buying a triplex in Lansdale, PA; I want to live in one and rent out the other two but my loan officer told me that I need to put 25% down for a conventional loan. So the other option was FHA loan....
Stanley Dean
Best Tax Strategy to Get Benefit using RE for Youtube Income
Best Tax Strategy to Get Benefit using Real Estate for Youtube Income to offset YouTube income for a 16 year old in Maryland, Please advise what are the options available that can be used. Also can anyone recommend a ...
Raj Ga
HELOC to buy rental property, cash-out or not, tax benefits
Questions:
1. If I use HELOC to buy property outright and turn around do cash-out refi on rental property, would be interest rate will be .25 higher?
2. Has any one use HELOC to buy property outright and use rent to...
Jared MontBlanc
Do I need an LLC to get all the tax benefits?
I own 3 STRs in South Lake Tahoe CA. My CPA told me I don’t really need an LLC to realize all the tax benefits of owning real estate, but if I was concerned about liability, I could do it for $1000/yr (CA cost) or ju...
Jeff Lulek
What tax benefits can high income earner get from real estate?
I have always been curious how how significant my tax benefits can be from the purchase of real estate. So a little background info on me so you understand why I ask the question.... I am a current multi-unit restaura...
Edna Salinas
Better year 1 paper-losss tax benefit, MHP vs Storage syndication?
Wondering which class assets syndication provide the better tax benefit, ie paper-loss in year 1. I'd like to offset my capital gain tax but not wanting to do 1031. Mobile Home vs Storage vs MF for that specific pur...