Hi All,SB256 was proposed today. I haven't had time to review the full text yet; will likely do so tonight. I wanted to share the link before I create my own opinions.https://www.leg.state.nv.us/App/NELIS/REL/80th2019...
What are some key ideas to converse about while trying to buy a house off of motivated seller? What do I say/How should I respond? Any general information about the idea of talking to a motivated seller would be grea...
I know some landlords that manage their own properties and collect their rents personally. I know some that record this income on their taxes and some that don't. Should landlords file rental income on their taxes or ...
I've recently began exploring the idea of apartment syndication investing as I currently work 80-100 hours a week at my full-time job. I am wondering how the tax benefits work for syndication investors and if they are...
Hi,Does anyone have a recommendation for a tax adviser in North Dallas? Preferably someone who has extensive experience with real estate investors.Thanks!
When evaluating a multifamily property (5+ units), one would determine the actual property income (the total income the property generated in the prior 12 months) and use this calculation as part of the calculation fo...
We've owned the property about 6 months and have fixed a lot. Now it is time to fix the fence. The wood is ugly from weathering, it is literally falling down; a whole section of it loses attachment at either end, it h...
I had a great conversation with @Kay Kay Singh today about the depreciation of gas stations, and thought I would share some relevant information regarding the tax laws for the general benefit of the BP community.Gas S...
I understand that any distribution would still be taxed, but are prohibited transactions treated any differently after 59 1/2? Suppose I own a property in a SDIRA. After I turn 59 1/2, can I derive any benefit from ...
I want to setup a Self-Directed IRA. I have a list of dozens of providers. Before I start reaching out, what questions should I consider asking to ensure they are the right fit? To provide context: I'm an Active-Duty ...