Hello,
I am going to be setting up a SDIRA this week to purchase my first rental property. Currently I invest in mostly stocks within my ROTH IRA, which I will be rolling over into the SDIRA.
My question is this;
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So, I've got a seller who has had an ongoing divorce for ~5 years. He has 2 properties that he used to rent out a couple years ago, but quit as the additional income would relinquish his benefits for his children. The...
Like the title says i just got my license here in Orlando, Florida last month and i am starting training to sell timeshares for Westgate resorts. Im pretty excited, i know a few people that have done really well doing...
Hello everyone. Looking for a little guidance on my property in Los Angeles.My long time CPA has passed away and we are looking for some guidance. We finished construction of 3 additional units on a property with a du...
I was discussing depreciation schedules as a benefit for real estate investors over the weekend. The person I was speaking with seemed to think that the write off involved with a depreciation schedule would be due upo...
Hello,I am currently renting a room to my adult child and was wondering if this qualifies me to be able and take the tax benefits of a RE "investor".Thanks
Hi everyone and thank you for taking your time to help. What are the differences if any to Airbnb Write offs and tax benefits compared to traditional rental or small multifamily rental properties? Depreciation, cost s...
Hello BiggerPockets Family,I own a 3 unit multifamily house and I'm considering having a cost segregation study to accelerate the depreciation on the property. I know that this makes sense as a tax strategy for comme...
Hey All,I have a few development projects in the QOZ zone in Philadelphia and need some cpa/tax/QOZ guidance. All properties are owned in a single member LLC. The plan is to develop/rehab them and refi to get all my c...
My husband and I would like to do a flip and partner with my father. I'm looking for advice on how best to structure this. We'd like to split net profits 50/50 and I'd prefer if he can also get the tax benefits. Addi...