So “someone” has a business that is throwing out nearly 1.5 million dollars profit per year after reinvestment into business. Now taxation is horrid in this income.
So I can obviously lease the office building back...
Hello and Good evening BP Brothers & Sisters.
Tonight I wanted to post a question I have been thinking a lot about lately. "How could an investor best utilize property to lower taxable income"?
We currently own...
Hello everyone I am new to this forum and the income property investing.I am trying to figure out the income tax situation.I make more than 150K a year on my day job on a W2. However, if I get a positive cash flowing ...
Hello everyone, Can someone please help me answer this...This question pertains to line 56, "Add Back: Principle Payments" in the REIpropertyanalyzer.xls. I downloaded the REIpropertyanalyzer.xls from BP and it's been...
Our family has rental properties, we are selling this rental property to the tenant. This weekend we signed a draft with tenant/buyer that we agreed to sell at $290,000, $20,000 down, 8.25%, 30 yrs amort, 5 yrs ball...
Hi, maybe this scenario was discussed before. i could use some advice from CPA/EA.my scenario: I opened SEP IRA years ago when i was self-employed.. and then i haven't been self-employed for the past 10 years.. so , ...
Our exit strategy is to sell to tenant/buyer using a lease and separate option agreement. We are trying to hold each property over a year for long term capital gains. Could the IRS at some level of activity (2/yr, ...
Assuming an unmarried couple who lives together, shares nearly all expenses, and both work as real estate agents who each make apx. $150K/yr but would also like to start in REI, would it be advisable to start an LLC w...
I’m a little conflicted about different borrowing strategies. (this is kindof a follow-up post to my earlier threads on 20% and payoffs)
If it’s better to borrow indefinitely, then why doesn’t EVERYBODY a...
I need suggestions, opinions whatever you have to offer.I will be heading back to CONUS and retiring and will be receiving retirement pay. I have some MF taxable accounts that planning to invest in Rental property as...