Troy Brown
Too Complex, could use some advise...
Morning Team,
I am a military member who has a small portfolio of homes and after joining the site i have really been scouring a few markets im comfortable with for that perfect multi-family. Ive made a few ...
Ruchi Patel
Investment house property taxes
We are in the process of purchasing a investment 2 family house. I would like to know what can be deducted or depreciated from the closing costs expenses ?
Justin Schmid
Should I rent or sell my condo?
I am considering my first real estate investment and need guidance!I live in a 4 bed 3 bath newly renovated condo in the lakewoods village area of white bear lake mn. I am trying to decide if i should rent or sell my ...
Robert H Hilbert
Claiming an LLC Tax Write-off before the LLC IS created
I am a beginner am reading my 1st R/E book (by Brandon Turner), and building my goals and plan. Can I claim LLC/S Corp expenses, such as classes/examination to get a R/E broker license, if I incur them before I creat...
Courtney Redfern
best way to structure a real estate investment company for taxes
Hi. I am a relatively new buy-and-hold investor who owns two properties in my own name and two in LLCs with partners. I am continually searching for new opportunities, but suspect when I find them I will continue to o...
Cathy Lippert
Pay Real Estate tax on to-be rental before Dec 31?
Hi, Forgive me if the answer was posted somewhere else (could not find it). My husband and I own 4 houses, one of which is our primary residence as of Sept 15, 2016. The one we moved out of is being prepared for ren...
Aaron Ingram
No Capital Gains Tax, what about Depreciation recapture
BP,I may be missing something here but i'm looking at selling my first property as it has cash flowed minimally and I have held for appreciation, which it has done. The property was not purchased as an investment init...
Curtis Ramsay
tax deed sale with irs lien
Hi bp I am looking at a property in florida that is coming up on the tax deed sale, it has a 150,000 irs lien on it. I have done some research and it looks like the irs has 120 days right of redemption after the sale,...
Wesley Mullen
Our First Investment Property - One year later
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $125,000
Cash invested: $32,100
We started self-educating about REI in December 2020 and by January 2021, stumbled ...
Daniel Huang
Commercial NNN lease contract , can anyone comment ?
We just made offer for a retail property and some clauses in the lease agreement that we couldn't understand. Can anyone comment on this?Anything will be really helpful?Thanks in advance.13 .Taxes : Does above mean T...