Steve C.
What's your better return- Invest in tax liens or pay down PMI?
Hello everyone smarter than I. Here's the situation; I've one rental SFR at the moment that cash flows fairly well. I'm saving 30% of my income from one job and all my income from a second to have more money to inve...
Federico Morales
Need a CPA in SF Bay Area to correct previous tax returns
Hello guys,My parents own several properties in San Jose and have been using the same tax guy for 20 years or so. However, I don't think he is very good. Basically, they use him because he is cheap and they have used ...
David Jiang
Should return metrics be calculated on pre or post tax cash flow?
I'm putting together a Pro Forma from scratch for a potential commercial property I am thinking about buying. I want to calculate cash-on-cash return, NPV, and IRR. Should these calculations be done on pre or post tax...
Barry Mason
What to Provide on Current Tax Return for a Flip in Progress
I'm trying to do my own taxes and want to know if I provide anything on this year's return about my flip-in-progress's cost in 2016 (even though it's not sold yet but I purchased it and had many expenses in 2016) or I...
Adrian Valdez
How should I spend my tax return to get a first deal?
Hey,Taxes are coming soon and i figured this is probably a good way to have a decent chunk of change to hopefully to get me my first deal. I'm in New Jersey I am assuming i will have around a grand (maybe a couple hun...
Piia Hanson
BRRRR question - how to get around having 2 years of tax returns?
Hi all - I quit my W2 job last year and launched 2 businesses, 1 company for my real estate and a 2nd company for my consulting work. I've flipped one property and now own 3 others - 2 are cash and 1 has a mortgage. ...
Jesus Quintanilla
Own my home, no job, no tax returns, need HELOC to invest
Purchased house after I was fired, remodeled, I can sell but then I don’t have a house to live in. Would just like to to get a HELOC, but no tax returns, house worth $230k, I thought about renting each bedroom but I...
Rich Somers
Is it common for seller to not provide tax returns for property?
My lender asked for seller to provide tax returns for the past 3 years of a 5 unit i have under contract, and seller said no. My lender said it’s fine but it limits the number of banks that would be willing to lend t...
Margaret Feit
Is a Non-Resident State Tax Return Required for a Net Loss?
My husband and I have an LLC (taxed as partnership) located and registered in GA (where we live), which had an overall net loss for 2018. We also have a subsidiary SMLLC (owned by the partnership) that is registered i...
Chris G.
Cash out re-finance of heavily seasoned properties but no tax returns?
I have 7 SFR's that have been rented out for several years now. Total approx. value is ~~$1.1MM. $0 debt, $0 deferred maintenance, nice homes in good areas. (FL and CA). No funny business, clean titles, no past due ob...