When your property is relatively inexpensive, say $200k, and you want cost segregation applied to it - is it worth it to hire a cost segregation firm and pay their fee? Before we explore this question, an important re...
Hi,as far i was aware this whole time when you owner occupy your duplex one side and rent the other for 2yrs and you sell it within 5yr period there is no capitol gains tax. Is that statement true? I'm getting a lot o...
Has any rehabber used a self directed IRA for rehabbing houses? How do you handle the profit. Does it have to go back into the IRA which would seem to defeat the purpose as you couldn't make any money to live off. If ...
Hey BP,Reaching out to get some advice from a tax strategy standpoint. I currently have 13 units and am looking to aggressively grow my business over these next couple years. I have one property that was a complete fa...
My younger brother will likely be doing some of the general labor around my first rehab project. He is going to likely be using some of his hours towards his internship program at school to graduate. I'm curious, wh...
I recently bought my first home with a conventional loan near the end of 2022. I've been setting it up to rent out part of the house through Airbnb while living in the other half. I've done some research into the tax ...
First of all, thanks for reading this post. Here is the long story made short.#1 I purchased a half acre lot in 2012 for $15,000#2 I teamed up with a builder and signed my property over to him, he then got a hard mone...
I posted this in the advice forum, but maybe that wasn't the best spot :)Good morning,This might be a little bit long but I am looking for feedback and opinions about this situation. I have been reading this website f...
This question is very common and sounds very straightforward: as an investor, can I deduct my real estate education? Warning: you will not get clear answers from this post. Instead, you will likely get confused. Welco...