This year will be my first year in claiming Rental income / taking Deductions via ..... Interest, Insurance, Taxes, Depreciation on one of the two properties that I have as rentals ( the other rental , I will have to ...
Has anyone taken advantage, or plan to take advantage of the tax incentives in the Tax Cuts and Jobs Act of 2017 for the Opportunity Zones in Duval? From my understanding (Please correct me if i'm wrong) All you hav...
It is nice to have the equity from the appreciation we are having but the tax increase is killing my cash flow. I guess when looking at the equity on the back end it is still a win but this is making things a bit tricky
I'm wondering how people invest in markets like Raleigh, Austin, Jacksonville etc where median prices are 300-400k and able to cash flow. I invest in areas in NC where an average deal would be 130-150k and rent at 130...
So, I'm in the middle of flipping a house. Its taking longer to get it on market than I'd like. It probably won't close until after the new year. So, if all my expenses happen this year and I sell the house next ye...
I'm trying to understand if my SFR is worth holding or selling. I'm in Binghamton, Broome County, New York. My goals are to buy and hold high cash flowing property and manage flips for cash for down payments. In or...
Hello everyone. My name is Erick. I live south of Detroit and I’m ready to start my adventure in real estate investing. I purchased my first home 17 years ago and lost my butt on it. So I’m hoping to sell it soon and ...
I am buying a rental house with proceeds from the sale of a rental duplex. I plan to renovate the house. There is a possibility I will ultimately move into the rental and sell my current residence. I know I would t...
Hi,Any tax guru can help me out on this question:I want to pay my kids for working for me...but don't really know the pros/cons between W2 - payroll vs Issue 1099?Thanks in advance for your help.
As a CPA focusing on real estate taxation, I frequently encounter property investors excited about cost segregation studies. And why not? The promise of accelerated depreciation and immediate tax savings is attractive...