Those of you guys that have been at this awhile talk to me.... Is it a bad idea to use wholesale profits to pay for down payments on rental properties. Obviously one would need some cash reserves ICE. But are there an...
My husband and I live in Tennessee, and made an offer on a home for $95,000 with $5,000 down at 6.5% for 20 years with owner financing. The owner's don't owe anything on the home and bought a new home a couple of yea...
Is there any way to avoid capital gains on selling company stock? Or counter some of the taxes?? It's purchased thru Computershare site. I needed the money to use towards a downpayment of an investment property. I'm...
I am not in a position to act on this question but am genuinely curious about its possibility. When it comes to capital gains tax, this is paid when selling an asset for a profit after any adjustments that can and are...
CPA question. I am going to make up some easy numbers for thought experiment for a tax strategy, in my head for the future, but thinking I am missing something. Business owner (Joe) sales a small business ( not rea...
Hi i bought a HOA auction house (second lien) then the first lien auction the house and i lost the money i paid for HOA auction.under what category i list that lost in my tax return?
Some questions for investment property: 1) when you buy a house, does the 'clock' on the 27.5 years start over, regardless of when the previous owners bought it?
2) what is a ballpark building vs. land ratio to use w...
There’s a quote that applies to almost everything but especially real estate investing and it’s this:
When you first start to study a field, it seems like you have to memorize a million things. You don’t. What you n...
In the beginning of 2025 I will have about $100k (hopefully more) in fully vested stocks for the company I work for. I’m considering using that money to start investing in real estate. I work in restaurants operations...
I typically view the rehab cost as a separate bucket as my downpayment. For COC I typically look at how much I put down, and then divide my net returns against that downpayment. I don't include the rehab costs as I...