Justin Gazabat
Multi - Purpose Direct Mail company | Set it and forget it
Hey Team-My old brokerage had 2 things I miss and want to replicate. 1. a Direct mail system that put letters in the mail at every listing and closing to the nearest 250 doors - It was quite the campaign. Tested and i...
Yosef Ajami
Buying the LLC that owns the property for Tax purposes
Hi, I have been told a few times by fellow investors, that if I want to keep a low Property Tax payment, I should consider buying the LLC that owns the property instead of buying the property itself. Does anyone have...
Moises Ulloa
Accept or Pass on a deal for rental purposes advice!
Hello all! I’m looking for opinions on an investment property that I’m trying to get. The property is habitable and fully rented with a solid rent roll of 29k/year, the current owner is selling it to me for 190k which...
Doris Jin Huang
Are our rentals a business or investment for tax purpose?
2019 is the first year we start to receive rental income. We have 2 rental units located in different parts of new york city. My husband and I both work full-time W-2 jobs. We manage the units ourselves and one of the...
Jason Eberhardt
Flipping for Purpose is the best kind of flipping. #14
Investment Info:
Condo fix & flip investment.
Purchase price: $160,000
Cash invested: $27,000
Sale price: $207,000
This was a fun flip that we are able to help a family from our church get...
Bei He
How to get building value for rental depreciation (tax purpose)
I purchased a Gilbert rental property last year now I'm doing my 2021 tax.I have a question for the Arizona property depreciation.Usually we should use the building value, which is (purchase cost - land value) to do d...
James Park
Qualifying as a real estate professional for tax deduction purposes
I would like to qualify as a real estate professional in 2012, but i know the minimum hours you need to spend on real estate activities is 750 hours. I did not spend 750 hours in RE activities in 2011 to qualify. From...
Taylor Mason
For tax purposes, am I considered a Real Estate Professional?
For the past year, I’ve worked full-time as a licensed multifamily investment sales agent. It’s worth noting that I am an independent contractor as well. Would I qualify as a Real Estate Professional for tax purposes?...
Juan F.
Minimum required docs for private (family) loan for tax purposes
I looked around and didn't see this exact question answered.For tax purposes, what is the minimum required amount of documentation between family members for a loan? When I say tax purposes, I mean that (1) the lender...
Robin Simon
Loan Purpose for DSCR (Rental Property) Loans: Does it Matter?
Adapted from a twitter thread (@RobinSimonESC), thought I'd share here!
"DSCR Loans" are popular investment property mortgage loans for real estate investors, perfect for people that struggle to qualify for convent...