Thaddious Echols
LLC, S-Corp, or C-Corp
My wife and I are just starting out with REI. We've set up company emails and a website. Now we are trying to get the tax and EIN stuff straight. What's is the best path to ensure we don't start out on a bad note by p...
Sean Kindelin
Owner finance to Private lender
Hello,
I am looking to refinance a commercial property that is currently owner financed. The owner's payoff is around 180k, and wants to minimize capital gains tax. He is interested in reinvesting the money. My quest...
Mitch Freed
Federal Tax Lien
A property just sold at auction that has a 60K federal tax lien. I have been to the IRS website and I am familiar with the 120 day timeline for the IRS to redeem the property.
Has anybody ever successfully purchased...
Julio Gonzalez
Have you considered a 721 Exchange rather than a 1031?
Many people are aware of a 1031 exchange, however if they are looking to exit their active real estate portfolio, it’s not always the solution they are looking for. If you are wanting to sell your real estate property...
Melanie Baldridge
Understanding the IRS Section 179 Election
Understanding the IRS Section 179 Election to Expense Depreciable Assets is crucial to making the most of your tax strategy.
This provision allows taxpayers to expense certain qualifying assets upfront instead of dep...
Kamal F.
How do I figure out my return on investment
Hi all,
I am new to investing, and am about to buy my first real estate investment. I am trying to figure out how to calculate my return (cash on cash?/after tax), and have had a couple different people tell me diff...
Taylor Shapiro
Student Housing Opportunity = Too Good to be True?
Hello all. I have an interesting deal I'd like to get your opinions on. A broker sent me an OM on an apartment building that was converted to student housing a few years ago. The owner's an older man with some health ...
Joe Wood
IRA Transfer new account
Good morning all,Question regarding transferring IRA from one firm, to another. Since the account is a traditional and subject to tax, just wanted to make sure I am able to transfer within 60 days in order to avoid ta...
Gonzalo Baraybar
Anyone considering moving to Miami?
Hello everyone! I'm curious to know if many people here have been considering moving to Miami with this big boom in the real estate market. There are several good deals in the pre-construction developments but most of...
Account Closed
No More TV?
What's going on? All of a sudden, all of my local TV channels are running announcements that special interest groups are trying to do away with free antena TV. Complete with exhortations to contact your representative...