Peter Chan
What are some of the benefits I will miss out by paying cash as a 1st time homebuyer?
I will need to find a small place for myself and rent out additional room if necessary. Taking out a mortgage may not be easy since I don't currently have a 9-5 job. Plus, the mortgage rate is still high and I am not ...
Julio Gonzalez
Cost Segregation Study on Entertainment Venue
Oftentimes we think of a cost segregation study only on residential properties or office buildings. But it can be so beneficial for a number of types of properties. While I have seen cost segregation studies generat...
Linda Daignault
Question regarding using a Real Estate Agent
I understand that using a SDIRA account to purchase real estate means I can not live in the property, nor can an even remotely related relative, nor can a relative do any upkeep or repairs, but what about a family mem...
Leslie Beia
Tax Q's About a Co-signed Primary Residence
Hi! I've talked to 2 CPA's and have received completely different information, so I'm hoping someone here can clarify!I have purchase a SFH (with hard money) that I intend to live in and share with renters (house hack...
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Land Contract
Can anyone tell me exactly how to use a land contract and where to find the form. I am selling a house to a relative that can't qualify for a loan at this time and someone mentioned doing a land contract on the prope...
Craig Ts
Depreciations and tax benefits
All,Need help understanding personal income tax benefits of SFR depreciation, would be great if you can comment:Lets say one is not a real estate professional then, AFAIU depreciation (straight line or cost segregatio...
Josh Smith
Tax Red flags on fully-owner occupied SFH + part owner occupied/rental SFH within 20m
Hi,
I have a SFH1 (4bed/2bath) in which I live with my partner and kid and occupy fully. I also have another SFH2 (4bed/2bath) 20 miles away. In SFH2, I rent a couple of rooms out and keep the rest for my personal us...
Adam Sieg
Converting primary residence to rental
I'm curious if anyone has any thoughts on this. I believe I once heard in an interview that Grant Cardone doesn't own his primary residence, he actually rents it from his business entity. Is this actually a thing? ...
Robert Shelton
SDIRA ministerial services question
Hello all,
We have just funded my wife’s SDIRA and have been reading everything we can get our hands on. Just finished “Leverage your IRA” by Matthew Allen amongst others. Still not completely clear on UBIT and UDF...
Michael Episcope
Why Real Estate Investments Are Taxed Less
One aspect of real estate that people don’t always appreciate fully is the favorable tax treatment that real estate investors enjoy.Investors who care only about an investment’s returns miss the very real benefits of ...