Nate Byers
Retroactive Cost Seg Study - RE Professional Status Difference
Individual invests in multiple real estate properties for 5 years while running their business. In 2019 they buy more properties after they sell their business. They do NOT qualify for RE Pro status.In 2020 they quali...
Bryan Noth
Samsung selects Taylor, TX for its $17B chipmaking factory
In a highly anticipated but not unsurprising announcement, Samsung has officially selected the NorthEast suburb of Austin, TX for their next chip plant. Many of the tax incentives for the factory were approved months...
Trevor Dominique
Tax Advice - Selling Failed Investment for Loss
Hey BP,Reaching out to get some advice from a tax strategy standpoint. I currently have 13 units and am looking to aggressively grow my business over these next couple years. I have one property that was a complete fa...
Kadeen E Lyons
Can you use a Self Directes IRA to jump start R.E. Investing?
I have been suffering from analysis paralysis when it comes to real estate investing for a couple of years now. So now I just want to get the momentum going. Capital has always been a big hurdle for me but I do have a...
Chris Habets
Canadian Corporation and Capital Gains Changes
So, Monsieur Morneau has announced changes to private corporations and to the capital gains tax - but no real details. http://www.cbc.ca/news/politics/morneau-tax-change... I'm assuming this will effect a lot of us he...
Drew Whitson
How do I allocate personal expenses from multiple LLCs?
I hold various amounts of ownership in four LLC's each which hold multiple real estate assets. One is 100% ownership, then 50%, 1/3rd, and 1/8th - as each deal comes along it gets put into one of these LLCs dependin...
Jason Valchine
my potential investor is transferring $$ from 401K-self directed
I have a partner investor on this 52 unit deal that wants to roll about 100K into our deal but it currently is in his 401K ... I seem to remember someone saying you can roll it into a self directed and then put into r...
Kris L.
US National Debt Long Term Impact on RE
I would like to keep this discussion away from politics as much as possible and simply focus on the economic side of things as the US national debt relates to RE.
So with national debt levels rising, how might RE b...
Xavien Rafael
The Benefits of Using an LLC vs. S-Corp for Real Estate
When it comes to structuring your real estate business, choosing between an LLC and an S-Corp can feel like a big decision—and for good reason. The entity you select can impact everything from how you're taxed to how ...
Ken Virzi
Not being able to count rents as income is killing me
My tax guy is good, so he shows my rentals as taking losses with depreciation etc and as a result when I go to get more loans, I cannot count my rental income. Since banks will look at my mortgages but cannot count a...