Has anyone ever us ProactiveAT in Cary, NC. I've set up a meeting with them to find out some more information. Recently I've started investing in properties and I know my taxes are going to be very complicated. I want...
My client, let's call him Paul, was not happy to owe the IRS $100k - the tax penalty of having a successful flipping/wholesaling operation. So, based on his buddy's advice (sounds familiar?), he ordered a cost segrega...
I am a few years away from buying my first house, and am wondering where to save up for that. Currently, I invest through Betterment with a general investing plan and a Roth IRA, and I also contribute to my employers ...
So I am thinking of starting an S Corp to take advantage to the tax savings while flipping houses.Has anybody run into an issue buying properties from either online or live auctions as an S Corp?Also is all the extra ...
I'm a bit confused but what it means for these companies to remit taxes on your behalf. Does this mean that I do not need to save an additional 30% in a separate tax account? Can someone explain what remitting taxes m...
Hi guys,
Isn't there a specific forum for real estate tax and tax saving ideas?
I haven't been on the forums for a long time but I thought that there forums specific to taxes.
Thanks for the input
Is there any way to write off or deduct your own labor or sweat equity put into an investment property? I prefer to do things myself to save on labor costs but realize I would write off or deduct much more when doing ...
I’m trying to understand what are the tax benefits for having a property paid off.
Does your current tax advisor keep you updated with new modifications to the tax code?
The dreaded day has arrived... Travis CAD released assessments for 2022 and I almost fainted when I saw the newly appraised value of the duplex I just closed on in March. The county raised my appraised value by 173% Y...