I read yesterday that bed bugs are an increasingly big problem in the hotel business and large multifamilies, and that certain cities are especially being hit hard (Baltimore, Washington, DC, Chicago). Combining vario...
Cashflow has been a tough find in the Phoenix market for a while now. The crazy amount of appreciation combined with interest rates rising that seem to be steadily rising since the summer of 2022 making it very diffic...
Hello, I posted in another forum a similar question.. I am curious about what type of entity Canadians investors use for lets say 2-3 rentals in the State of Florida... in term of the less expensive yearly costs and a...
I have noticed that Tax exemption for real estate professional status. I would like to know more about what this implies and how do you obtain and record what it means to be a real estate professional.
Hello,This is my first year having my taxes done by a CPA. When tax season slows down, I will gladly pay to sit down with him to answer questionsIn the meantime, I'm trying go get a grip on a simplified breakdown. T...
Wife and I have a few separate retirement accounts throughout the years of working at different places. None of them have the capability to direct the custodian to use the money for real estate investments. 1. How ...
My wife and I founded and grew a very successful tech company over the past 10 years and we just had our exit. We have done several property flips and have a few rentals that we’ve accumulated over the years. We reall...
Hi BP, I'm currently selling a single family home that I hold in a 2 member LLC with my wife. It was originally purchased under my name as an individual. We are purchasing a 4 plex with the 1031 proceeds combined with...
Hi BPI am future planning.I kinda know about 1031 exchange but never done one, b.c #1 timing and #2 not cost effective at the time------I bought a duplex that has 2 separate deeds, I am currently rehabbing and hopeful...
I've seen a lot of excellent threads on the site about business formation and taxes. I was hesitant to post on them because most of the recommendations say, "it depends on the particular situation."I am posting the fo...