Hey All,I have a few development projects in the QOZ zone in Philadelphia and need some cpa/tax/QOZ guidance. All properties are owned in a single member LLC. The plan is to develop/rehab them and refi to get all my c...
Hello,A friend of mine owns rental real estate in his name (not LLC) but collects rent through an LLC, are there any tax advantages or any other advantages with this setup? I as a landlord directly collect rent from ...
Why I like investing in real estate more than 401(k)s.
Both offer tax deferrals, but here's the difference:
If you're making pre-tax contributions to your 401(k), then withdrawals = ordinary income tax.
With real e...
Hi! I have a property in Denver that I'm renting out long term. I got a letter from my mortgage company that said I can move the title into an LLC if I like without triggering the due at sale clause. This is the only...
So I'm looking to finance my first deal,and I'm looking at investing with a family member through their financing. Since I'm a student I have low taxes,so I want to pass the tax benefits on to them, while retaning...
High earning W2 income looking to offset taxes with a cost segregation study on a STR. More than likely would be purchased early November, so would this make sense to pursue?If i'm not mistaken, you need to show proof...
Hi all,My wife and I are high W-2 wage earners. We general follow "boglehead" philosophy and have a lean mean investment portfolio and live well below our means. One first world problem we have is earning a high incom...
I've been deeply immersed in researching real estate investments since I recently had a business sale that resulted in substantial capital gains. As I explore my options, I'm particularly interested in funds like Tril...
People keep mentioning the tax advantages of real estate and asking me about how that must be a huge benefit to my family. I also just read a whole book about tax "loopholes" (written in 2005 by the way). That was re...
PHONE RINGS...My wife who does our real estate brokerage accounting and investment business bookkeeping just called me to say we owe $47K in taxes...{heart stops}.BUT I didn't blink an eye because I understand the tru...