Jackie Patterson
Tax Credit:
Does anyone think they will extend the tax credit incentive further into the year?
If so, why?
If not, why?
Johnsy DSouza
Is it a good time to start investing in the US?
I am a fresher and making attempts to start investing in the US. While doing all the necessary reading (as suggested by BP) within BP and outside, I come across some negatives by way of doomsayers talking about the 7 ...
Logan Allec
Non-Taxable Income for FHA Loans: Do 401(k) contributions count?
It is my understanding that in calculating effective income for an FHA loan, non-taxable income (like child support for instance) may be grossed up at the greater of 15% or the borrower's tax rate for the previous yea...
Kat Rich
Stuck on Step 2- What is the best way to get set up for success?
I'm stuck on WHERE to get started. I've got a good grasp of the big picture of real estate, I've been a part of various real estate groups as well as read/listened to many books/audiobooks on real estate. I've been an...
Taylor Chiu
Parent's HELOC used for my rental. Tax deductible?
Last minute tax question here. I used some funds from my parent's HELOC on my investment property. Is the HELOC interest in this case deductible? Could my parents deduct it on their taxes, or would it only be on my en...
Kaleb Garrett
Developing a solar farm?
In the town my parents live in (small town in East Tennessee) there is a small solar farm. It’s fenced and is only a few acres. Which makes me think it’s a smaller operation. I was wondering if anyone has any experien...
Wayne Solum
Is any of the following deductible?
I just sat through a seminar hoping to find clear answers to the following, but didn't:Are closing costs associated with a cash-out refinance on my primary residence deductible in whole or in part for tax purposes? T...
Jon Schenk
Should I roll over my 401k into an eQRP?
Hi All,
I'm considering rolling my 401k over into a eQRP plan and hoping to hear from others that have experience with using the eQRP plan, particularly for real estate investing. The website advertises this plan as ...
Kaneem Curvey
Free & Clear property inherited by multiple siblings
Hey guys, I have a potential deal or may be not. There is a property that is free & clear inherited by siblings with one sibling living in the home as a primary residence. There was an electrical fire a few years ...
Julio Gonzalez
An Overlooked Benefit of Cost Segregation!
Cost segregation studies have far more benefits than simply accelerated depreciation. One of those benefits is being able to accurately write off assets in the event of damage.
For example: You purchase a commercial ...