Tae Kim
What to do with Capital Pre-Real Estate Investment
Hi guys -Wanted to get your advice and/or personal experiences on how to properly save and grow your capital prior to making your first real estate investment. As a little background on me and my current financial pos...
Marco Chaidez
What is Better ? A self Directed IRA or Solo 401k for RE
I am in the expansion process of my RE investing company and need to reduce my IRS Taxes.What is Best to use ? A. Roth IRA or Solo401k ?
Julio Gonzalez
Cost Segregation Study on Entertainment Venue
Oftentimes we think of a cost segregation study only on residential properties or office buildings. But it can be so beneficial for a number of types of properties. While I have seen cost segregation studies generat...
Crystal S.
Buying properties in multiple states where is LLC best registered
Hello,I am new to real estate investing, I have been looking into registering my LLC and putting properties under it. My question is if I am buying multiple properties around the country to build my portfolio where sh...
Account Closed
Calling all w2 professionals! What if you could pay ZERO in tax for 2024?
If you have ever used an AirBnB and are interested in investing in real estate, this post is for you! For individuals navigating the demands of a w2 job and grappling with substantial tax obligations, exploring the po...
Luis Arguello
Strategies to reduce taxable income while deploying capital to build wealth?
I manage 150 units across 30 properties in Miami. I work for a single owner. We are projecting to pay taxes on $1,500,000 for this year and $2,400,000 next year. That about $500,000 in taxes this year and $800,000 nex...
Cameron Belknap
Rental Property Depreciation Cash Flow
I am trying to calculate the cash flow "tax savings" due to depreciation for a property I am under contract for, and plan to rent out.Everywhere I read, I am told to use effective tax rate (total taxes you pay/total i...
Chris Waugaman
Rental Property Depreciation Tax Question
Hi All-
So I purchased my first rental property 2 years old. New construction townhome. My question is about Tax write offs. So my account has told me to not take the yearly depreciation on the property for my taxes...
Tiana O.
Tax question - Small business LLC with S Corp
Tax Question fun!If I self manage my properties but want to take advantage of the LLC S Corp designation for single-tier taxation, can I pay my small business to manage my property so that I only pay business income t...
Edgar Martin
Capital gains on rental?
Hi BP,
I have currently owned my property for 6 years and am curious to know if I rent it out for one year, then sell, will I have to pay capital gains since it's been rented for less than two years? Or, since I hav...