Hi, I'm looking at the Capital Gains Tax rate chart and can't find a clear answer on what is counted as "taxable income" which determines where you fall in the 0%-15%-20% brackets. Assuming I only have a job and a ren...
I am soon to have my third rental property and was wondering if there is any benefit to owning my own property management company? Tax write off for time spent on the properties possibly? And other benefits? Thanks!
Hi guys
I am looking for insights in this community about what would be for you guys the best approach as crypto investors to use your holdings as collateral to buy assets in real life like real estate, car loans...
At a recent one day guru seminar, they seemed to indicate that a Self Directed Roth IRA could be used by a wholesaler to pay the down payment to a distressed seller when putting their home under contract.They used the...
One of the biggest arguments I see around cost segregation studies is the issue of depreciation recapture upon the sale of the property. Do the benefits of the cost segregation study outweigh the cost of recapture? As...
Hello,
As a Canadian real estate investor in the Toronto area, I have taken interest in the Florida market. Is it true I have to pay a higher property tax as a non-resident home owner?
Thank you.
I’m looking to flip some house with my self directed Ira. I will loan the money from a private lender through my self directed account. Seeing what the proper way to set it as for ubit tax if that applies and how peop...
I had COVID (totally no big deal), so I'm allowed to take money out of my retirement accounts. Any thoughts on this? Anyone doing this? My vision is taking out the cash, BRRRR, repay within 3 years and viola I got ...
I am in the market for a new CPA to file joint and self employment taxes as a Real Estate Agent. Recommend any Cincinnati professionals?Thanks, Sean
Hello, My father is looking to re-write his will to accommodate me and my 5 siblings recent wishes. After explaining the below to his lawyer, the lawyer said it was very complicated with several tax implications (whic...