Candi Kham
Seeking Advice on Tax Strategies and Pr
Hi everyone,
I'm seeking guidance on navigating the world of real estate investing, particularly in the context of tax optimization. Currently, I find myself in the 37% tax bracket due to W2 income and I'm eager to...
Derek Zeigler
Roth 401(k) vs brokerage account
Alright so What is the benefit of contributing to a Roth 401K vs self investing in a taxable account granted you have the discipline to invest. I am looking to invest more in RE and like the liquidity that a non 401k ...
Joe Mierzwinski
Capital Gains on Primary
Hello all,I have been reading a lot about Capital Gains, but have been unable to find a topic that fits my current strategy.My wife and I are on our 3rd primary residence fix & flip. We held our 1st property for ...
Paul Post
Income Taxes Impact on Rental Property Evaluation
Greetings,I am using the BP Rental Calculator help me evaluate potential rental properties, and attempting to be as accurate as possible. I like the fact that it accounts for so many potential expenses. One big expe...
Cathy McCormick
New tax law rules for long term capital gains
I have a question about the taxes due when selling a piece of property (in this case, raw land). I have owned the property for more than a year, which qualifies it for long-term capital gains treatment. If I understan...
Diwas Khadka
How do you analyze STR and MTR on expensive market?
What is one of the strategies do you focus on STR MTR rental on expensive market? Keeping rising interest on mind. How much cash flow do you prefer in $500,000 Purchase price and 8%Interest rate? Taxes and insurance $...
Chris Kendrick
Flip tax question
So when you flip a house and make profit from it, you basically getting tax alot, like around 40 percent, is that correct? How are all these people flippers making money , i assume that there ARV is really good then t...
Brent Brockerville
Incorporating / Asset Protection in Canada
To any Canadian Real Estate Investors, just wondering if you have any recommendations/tips, on whether or not I need to incorporate to protect my real estate portfolio.I hear a lot of the American investors say, don't...
Nick Hulme
Which state gets to take my money?
Hypothetical: I live in California, I have an LLC in Wyoming, and I buy long-term rental properties under that LLC in Utah.Which state collects income tax on the cash flow?If I were to sell a property, which state c...
David Baker
Tax implications of a single flip
Hi all, I have read several posts on first flips and taxes but have yet to find the answer. So here goes! My wife and are both employed and in a higher tax bracket. So if I flip a house this year and profit $25k a...