I have an S-CORP that I run my video production company through.
I am planning to start an LLC to purchase my first investment property.
Question 1:
Can I use excess depreciation from that property to offset taxes...
So I've been looking at different rehab models within my area and I think I've uncovered a niche that at first glance seems to have a lot of potential.
The market for 2/1 single family homes in low income/transition...
I have a quick question about the general rule of a possible tenant having an income of 3x's the rent. Does this rule change any depending on number of kids? If rent is 1000, then an income of 3000 seems fine f...
Hi, What I need regarding long term commercial financing: Need to use my own appraiser<75k loans Able to "buy" out of prepaids and/or adjust. 3 month seasoningProvide min credit score.
I am currently in the market for a new/used vehicle. I have been debating spending a little more for a larger vehicle in order to take advantage of the Section 179 write off. I already have an LLC that I plan to title...
Here's my situation: I have 2 rental properties. The First is in Crestview FL with a long-term military tenant. Cashflows ~ $800 monthly. Mortgage is $180k. Home is worth $330kThe Second is a Townhome in a student hou...
I was wondering what the tax benefits were of owning real estate? I know it is agreat investment, but I wonder what all the little details were. :mrgreen:
Over the past five years, significant changes have occurred in the realm of self-directed IRAs (SDIRAs) and Solo 401(k) accounts, particularly following the introduction of the SECURE Act 2.0 in 2022. Consequently, he...
Good morning all,I just secured my first triplex in the Hampton Roads, VA and am looking to optimize cash flow. Does anyone have any best practices to equitably charge tenants for water usage? Set up has 1 detached un...
I will soon be operating a medium-term rental in a small city in Ohio. While there are certainly no vacationers here, there are a good amount of people that use short-term rentals for contract work for 1-3 months. I'm...