A rental property was purchased in October 2018 and I've had my uncle for every kind of house repair from electrical to framing rooms. I would like to find contractors for every kind of use. From repairing appliances ...
Hey guys, I recently purchase my first house and I'm planning on renting out three rooms while I stay in the master. It is located in Denton Texas close to Mayhill Rd and I35. I am planning on charging $600 per month ...
Building a tax advantaged retirement plan...best ways to invest extra funds + smart exit strategy from rentals.. We may decide to return early...We are looking to build a retirement that minimizes tax obligation, lowe...
Besides the obvious write offs: gas, home office, etc. What are some of the worthwhile things you have bought that have a huge write off? At over 200k/year, with the progressive system your top end income is nearing 5...
generally speaking, when you're looking to buy tax lien certificates, are you hoping to foreclose or rather to earn interest on your money?
Also, what kind of due diligence do you do before committing the funds (i.e. ...
Hello, I purchased a washer/dryer and coinbox for my 3-unit property back in October. I was wondering if this is eligible as a business expense - or another type of qualifying deduction - so that I could finish up m...
Just realized by studying internal and external pics of an auction.com house I went under contract with, that one of the bedrooms does not have a window. No easy way to add a window, as an addition was put on that pa...
Hi everyone,I am an aspiring real estate investor and I got interested in real estate primarily due to the tax benefits. I want to reduce my w-2 income by running a short term rental and claiming bonus depreciation. I...
Looking for advice - Does it make sense to do a cost segregation study on a property (and claim accelerated bonus depreciation) I bought this year considering the following? why/why not?
(I understand that I need t...
When a passive investor invests in a value-add apartment syndication, they will generally receive a profit from annual cash flow and the profit at sale. Being a profit, this money is taxable.However, for apartment syn...