So I've got some information about a townhome property in a HOA complex that is about $4k delinquency for not paying HOA and the other is $7k. The one whose $7k lawyered up and worked out something with the city, wasn...
I’m in process of learning how rental properties tax deductions work. One item I see is properly management.
If I manage my own property, can I form a LLC as a property manager with myself as the employee? In essen...
- Income ~$170k, effective income tax rate is about 27% right now. Employer offers full 401k match up to 3%, so I'm putting in 3% to get the full match.- Retiring in about 30-35 years.- Building a rental portfolio is...
Hey there everyone! I am a real estate agent and an investor. I have written off so much but now I can't get a cash out refi. What's a guy to do? Is there a balance to taking in some income and paying taxes on it an...
Hi All,New to the game here. Really appreiate this community and everyone's never ending help.I have been living in my current home for 3 years. I am renting out starting June 24. Is it safe to assume that the loan in...
In search of CPA in Lincoln NE who is a RE investor themselves. My husband and I have a good CPA for our 2 small businesses but unsure if they are really helping us take full advantage of our RE investments and tax sa...
I’ve seen some posts on using stock proceeds, without a tax hit, to invest in real estate. I can’t tell if my situation is different, though, so thought I’d ask.
My employer gave me shares of company stock (company ...
My parents bought their primary residence 30 years ago for 250k. It has appreciated to 1M. For the past 5 years, they've renting it out and have been living somewhere else.
They want to sell it in a way that has th...
I have recently bought 1 property, and am in the process of buying the second one. The first home collected rent December 1, and I earned 500 over what I owe. My second property should make 700 each month. My plan ...
I tried searching BP and google for a direct answer but could not find an answer about unsecured lines of credit. I plan on buying on 26k property using my Private Line of Credit (PLOC) from my bank and it will appra...