Hello all! I am new to the forum and have been reading/following as much as I can! I currently have a couple of rental properties and I recently just closed on a foreclosure that I have the full intent on flipping. Th...
I have a rental in Oregon, and so far we have never seen a profit, at all. The rent doesn't cover the montly payment, but we have incredible renters that always pay, always do the work, keep it nice and have been in ...
5 Tax Mitigation Strategies Every Real Estate Investor Should Know
As a real estate investor, every dollar you save in taxes is another dollar you can reinvest into growing your portfolio. Yet, many investors overloo...
One stated benefit of investing in real estate is price appreciation. However, if you look at inflation adjusted real estate prices for the most part there isn't much appreciation. There are specific points in time ...
So, Monsieur Morneau has announced changes to private corporations and to the capital gains tax - but no real details. http://www.cbc.ca/news/politics/morneau-tax-change... I'm assuming this will effect a lot of us he...
Newbie question. As a wholesaler, if I utilize a double close, how will this strategy affect my income taxes? What's the bottom line, will I pay more taxes than I would if I did a traditional real estate transaction? ...
Good evening all. We are Connecticut investors in the business of buying mulit-family residential properties (2-4), rehabbing and renting them or just simply flipping. I am curious, from a bank/lenders viewpoint, wha...
I am looking at buying a 4plex in the next few months and have been debating what to do.I have read that some people form an LLC and some people don't at all.A friend of mine suggested I need to form one for tax purpo...
We've got several properties now and will have a lot more by the end of the year. Does the IRS care about individual property reporting or can you just combine when filing taxes? Accounting and tax filing is time co...
I'm from the Southcoast area in Massachusetts. My market is mainly New Bedford since that's where I'm most familiar. I've started taking a peek at multis in Providence, RI. Some of these properties are in great shape ...