Drew Dim
Spec Build - should LLC file under S-corp?
so I've filtered through the archives and didnt see an exact fit to my question so here goes.I have a lot that will have potentially 3 spec homes build on them. The 1st is under way and will be completed Jan/Feb of 20...
Corey Wright
Please tear this strategy apart (gently...)
Background:-My wife and I have two single family rentals in Fort Worth TX where we live. -After PITI and 10% for maintenance/capex the rentals combined cash flow $575/mo or $6900/year which is approx 2.6% return on eq...
Weina Shi
Split Up Self Storage Facility Purchase: Business vs Real Estate
Dear fellow investors,I am under contract to purchase a facility. The current assessment is about half of the purchase price so the real estate tax will go significant up. My attorney recommended that I consider split...
Lindsey Crawford
Everyones favorite subject TAXES!! I need some advice.
Hello all,So I will be moving into the real estate field in Feb. (retiring 20 years Marine Corps)I'm going to be a licenses real estate agent (TN) to get my feet wet, then dive deeper into flips and rentals. My questi...
Nicole Grant
Rental Property Taxes in Texas
I'm looking for the down and dirty on how taxes will go this year for my rental property? I have owned this duplex (my first rental) since November. I have been saving receipts and checks from my tenants which I'm ...
Jacob Song
are 4-6% property taxes suppose to be normal??
So it says my first home property tax will be 4% and 2nd 3nd or how many properties that I buy in South Carolina will be 6%. Isn't that very high? is this only in south carolina? which charges more property taxes on i...
Amy Ranae
tax question
So I know the answer to my question is "ask your tax person", but I asked my tax lady and the info I got back doesn't jive with what I've heard and what I've read about so I'm asking you all. No need for specifics.Ok....
Will F.
LLC for flipping or Peronist name w more insurance ($800 LLC fee in CA)
This may seem controversial or “not by the book” for many. but keep in mind CA has higher taxes and reg fees and I’m not doing more than 1-2 flips (short timeframe flips) a year and many years do 0 flips
Do most fl...
Steven Gralow
More Cost Effective Withdrawl: Vanguard Roth IRA vs individual
Which would be the more cost effective account in order to withdraw the most amount of money and be taxed the least for real estate withdrawals? Would it be a Roth IRA or individual brokerage account?
Karim Z.
Tax strategist recommendation
I read a recent article about the importance of good tax strategist, I wonder if anyone has good recommendation for a tax strategist or CPA?
Thanks