Hello everyone!What is the best tax structure to file as a husband and wife team for real estate investing?LLC orPartnership
Hi All-
So I purchased my first rental property 2 years old. New construction townhome. My question is about Tax write offs. So my account has told me to not take the yearly depreciation on the property for my taxes...
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Say you have a profit of $30K a year and you have invested into your home as much as you would like to, for now. So you don't want to just put the money back into the house.What is the best way to pay yourself that 30...
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Dear all!I have a company structure where a parent LLC owns children LLC's that own properties. When I look at the books that I manage via QuickBooks Online the distributions from children LLC considered as an income ...
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I am planning to buy a house (not a condo) in the range of $400-$425K in DC/VA/MD. If in VA/MD the drive should not be more than 30 mins. I am a first time home buyer and have a kid, so definitely looking for a neighb...
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I'll be honest, I'm somewhat of a beginner / novice with real estate investing. My wife and I own 3 rental properties that we purchased between 2010 and 2014 and we'd like to make a move towards releasing some of the ...
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Hey there fellow BiggerPocketers and local greater Seattle area investors!
I would love to know regarding the situations where you have used a Relator to procure investment properties for you, how often have you used...
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Hello all, just looking for input on how to address the following situations with a rental application:a. Applicant has indicated previously owned a home with spouse but is currently going through divorce and living w...
I have been doing some research on Turnkey companies in Memphis and I ran into two companies that others have maybe suggested or have come up in my searches. One is Memphis Invest and the other is Memphis Turnkey. Has...
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I am curious what tax strategies people are planning to use to avoid the $10,000 cap on deducting property tax on a primary residence.Has anyone considered quitclaiming a primary into an LLC and then renting that prop...