Hello BP fam! I have been studying real estate investing via Podcasts, books, mentorships, etc. for quite some time. I think I am beginning to get analysis paralysis! I will soon be in the position to make moves and ...
Hello, I am new here to this website and must say it is the best. But I have a question before I run out and buy a "wholesale property". It is my understanding that I need to have some type of "Corp." before I do this...
I see and hear LLC all the time. Why dosnt anyone operate S-Corp instead, as the self employment tax is avoided? So I am obviously missing something. What is the pro con with LLC vs S-corp?
Hello all!
Not sure if this has been covered here - did a quick search and didn't find anything.
My husband and I are looking for someone to do our taxes, which are probably not super complex, but they...
Hi, looking for some advice on being a NYC resident and investing in Ohio. Should I also consult a tax specialist in Ohio or just NYC? Also, any recommendations for tax specialists in NYC who are well versed in RE inv...
Hi! We need some advice. We have a place in Palm Springs CA which has acquired a lot of equity. I can’t decide if we should sell, pay off some debts and invest elsewhere or renovate and keep as short term rental. I a...
I'm a MD resident work remotely for a company in New York city. part of my tax is witheld for NY state.i did a research and seems that I can't get these refund because there's no treaty between NY and MD, treaty exist...
I had an accountant prepare my taxes a few years ago and she depreciated some water heaters using a 15 year schedule. I followed suit and did the same thing when I did my taxes last year. Now I'm using TurboTax and it...
I bought a few properties this year and I sold one. I would like work with someone to get the most out of my tax returns. Please get ahold of me anytime at [email removed by moderators]
Real estate investors should consider key tax aspects for financial optimization and compliance. Given potential tax law changes, consulting a professional is crucial. General considerations include:Income Taxes- Re...