I’am glad to have found this resource! I currently live in Alaska and am desperate to re-locate to the lower 48, so first of all if anybody knows of a full time job with benefits in either Idaho, Montana, Colorado or ...
Long time lover of real estate but relative newbie to investing. It’s tax Season and in doing our 2019 taxes I asked about strategies for reducing taxes. I made just shy of $100k last year and want to start investing ...
My husband bought a starter home in Richland, WA in 2020 for $250k and since then we have moved to New Mexico. When we moved we kept the house and have been renting it for a little over a year - $225/mo cash flow (not...
Real estate is the wisest way to relatively safe, convenient, and secure venture. Allow you to generate recurring income. The more you're into it, the more you benefit from it.
If one sets up a LLC and takes a salary/dividend split via their LLC does all of the money get counted to determine eligibility to continue to receive social security payments? Or....does just the salary portion get ...
I live in a very hot market in Fort Collins, Colorado - any deal to be had will MOST LIKELY NOT be found on the MLS. One of my 4-plexes was an off market deal that came about because me and the previous owner found a ...
Having a litle trouble finding an answer to this. I purchased a 1 BR 900sqft condo in 2021 with a depreciable tax basis of ~$275k and spent most of 2021 and first half of 2022 renovating the property (new appliances, ...
I am talking with my accountant about the mechanics of a cost segregation study on two duplexes purchased in 2022. He has asked for fair market values for items that will be included in the study (ex: roof, water heat...
Hello BP.I wonder is it good idea to show huge depreciation = huge loss after cost segregation with 100% bonus depreciation.My CPA recommend not taking all deprecation because He/she not comfortable with all the pap...
What do you feel is the best business formation to have multiple properties under one entity with each property shielded from the others? From reading previous posts, I know Series LLCs may be a great option. Anyone h...