How does everyone pay yourself.. Do you pay yourself a "salary" or do you just take whatever is left after expenses and taxes as "profit" and thats yours to pay your bills and live your life? Also as an LLC or LLC "s-...

Hi everyone,Finally getting around to my new member introduction and have a quick question for the members. I bought my primary residence off market last August (condo in a highrise) for 128k. Comps are selling for 16...

Considering selling a CA residential building lot, which is now maybe worth much more than I paid for it years ago.
I would be doing it via a 1031.
I'm not sure how to ask the question so pardon my stumbling here:
The...

Hey All,  Did some research in the forums but could not find an exact answer to this one, hoping someone out there can help:  What are the tax implications for the seller who owns a SFR outright and seller finances?  ...

I get the tax code is a series of incentives or penalties depending on how one structures their financial house.Now if I own a business and invest in real estate, how can I effectively pay zero in taxes?If I’m creatin...

Did you know that many real estate investors receive up to a million (or more depending on your investments) in tax incentives each year? Unfortunately, so many of these tax credits and incentives are overlooked. I pu...

Hello BPMy wife and I are looking for a local Tax Professional in the Virginia Beach area who specializes in STR or Real Estate in general. If any of you know someone please let us know. Thanks

Do you guys actually pay for a home inspection and get contractor bids during your inspection contingency window? Or do you just look for a buyer and let them do all the due diligence? 

Hey all!My father has recently passed away leaving his modest portfolio to my two brothers and I. All of the properties are paid off, however due to the recent passing of Prop 19 we are unsure of how the tax burden wi...

Okay,
I have met an older gentleman who owns and is looking to sell 20 single family homes he owns free and clear.  He is worried about the taxes he is going to have to pay since he has already fully depreciated all ...