Can anyone share proof that a federal K-1 can sometimes result in lost tax benefits? I was recently told that unless an investor is in the top income bracket(s), they will not fully realize the tax benefits of a K-1 w...
Tax question. If you and a friend have a 50/50 LLC and you drive say 10 miles to check on the venture, is that $5.80 mileage expense:
a. an expense put on just your K-1?
b. an expense put on the LLC's tax form (882...
Hello - I will be investing in an multi family apartment complex via an LLC. I have always invested as an Individual in past but now that I have a TRUST (living trust), is there any benefit to invest as a trust vs an ...
I have a friend who has done an amazing job building his contracting company. He's been flipping in the area for a couple of years now and he's been pretty successful. He's been using hard money to fund his flips. ...
I'm looking at a duplex fixer in my area. Curious if anyone has had experience (and success) "splitting" it and selling the two halves as separately deeded units?
What would be the best way to locate individual private lenders for real estate deals?
Hi all,I live in Philadelphia and am planning on using the BRRRR method for my next purchase of a three-bedroom. When I run the numbers, it makes more sense financially for me to rent out the bedrooms individually ins...
Hi, i own several rental properties under my name (as a private individual). Frankly, this sword above my head is not a pleasant sight. I am looking to get out of this situation and was told by some people to:- Set-up...
Hi team,I've found a 24-unit student flat for sale near me that seems to be a pretty good deal.I was wondering if anyone has had experience in buying multi-units on a single title, then dividing them up and selling th...
Hi All,I have two adjacent lots in Baltimore City on which I plan to build two two-unit dwellings i.e. four units in total. For financing purposes - mind you I am looking 18 - 24 months out to start construction, so I...