Hi all! Looking for tax tips.. I have a registered company in Missouri ( Mostly do Flips and have 1 rental), up to now we have only done 1 flip per year and about 9000 a yr on rental income. I think we pay too much i...
Hi all, My wife and I live in a small town that wholesales our electricity to us. That results in our electric bill being higher than surrounding areas. Already this year they have raised the cost of electricity resul...
I have primarily W-2 income. Most of my passive income is offset with depreciation. I’m trying to find an investment that allows me a deduction against my W-2 income. Other than Oil and Gas investments (IDC), it is...
COVID-19 continues to hit the U.S. hard. There has been a lot of discussion as to what kind of impact, if any, the latest stimulus bill will have on tenants who are struggling to pay rent month-to-month.
We belie...
Hello all, I have most recently been looking to social media for information about real estate investing. I have been scrolling upon a homeowner stimulus relief package and was wondering if that is true. I’ve looked u...
Ok I have a question recording buyer's closing statement. Once I finish entering everything in, I have a negative amount in my property tax account. Is this correct? If so when will it zero out? I wrote a check for $2...
Hi everyone. I am getting ready to purchase an apt building that has LIHTC for another 8 years. The owner already received tax credits and I will of course be getting nothing from LIHTC. My question is whether I hav...
Hello there, I have a handful of SFR rentals and I am interested in learning more about Affordable housing tax credits and other programs available. I currently live in TX but I am open to investing in other areas of ...
I'm looking at purchasing a 16 unit apartment which is on the national registry of historic buildings. It needs a substantial amount of rehab and I'm curious if people have had success using the 20% credit from the Fe...