Hi Guys, I was hoping someone might guide me in the right direction. To make a long story short a relative has given me and my wife a large sum of money as a gift and we want to use this to purchase our first Condo/ho...

I'm not sure if taxes will be owed on this amount of money or not. Here is some background. I work with 3 partners. Our LLC worked out an owner-financing deal with an out of state homeowner for a local property. W...

I bought a land at a County tax deed auction. I did my due diligence and both the city zoning website and the zoning expert at the City said it is residential.

I won the auction....excited....and then another...

Check out how Slocomb was able to save money on taxes. Thank you, Theo Hicks for sharing this blog post with us.
Through cost segregation, you may be able to save thousands of dollars on your annual tax bill. If you ...

Hi,I opened a HELOC account and withdrew the money to lend it to an RE developer.I made profits from it eventually, as well as paid interest to the HELOC bank.Can I report it in a way that will allow to deduct the int...

Investment Info:

Single-family residence hard money loan investment in St. Louis.

Purchase price: $30,000

Cash invested: $200,000

Sale price: $325,000

I'm the hard money lender on this deal...Als...

Does anyone know if the information in this article is a possibility?https://www.irs.gov/newsroom/new-rules-and-limitations-for-depreciation-and-expensing-under-the-tax-cuts-and-jobs-act

Hi there.This is about rental properties in Canada. If I pay property taxes using money from a personal line of credit, is the interest tax deductible?Thanks so much!Paul

Does anyone know if we do this in a business real estate development deal iF the interest on our lines would be deductible? If not does anyone have suggestions for an investment vehicle where they would be? We have an...