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Can I do the brrrr-strategy as a non US Citizen?
Hey, I am a complete beginner in real estate investing but really keen on doing the brrrr-strategy. As I live in Germany and don‘t have a residency in the US, I‘ll have to become a long distance investor. Until now, I...
Jon Simmons
Would like to add my wife's name to the title on a home in advance of a 1031
Hey all, I was hoping for some advice on how to get something started:I'm hoping to sell a single-family investment property in San Antonio, and do a 1031 exchange to get into multi-family investment properties. The i...
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2019 Tax Planning Tip for Pass Through/Service Businesses
As we go into 2019, figured I'd share a tax related planning tip that I personally feel will be important for business owners and RE professionals moving forward. For complete details, please reach out to a tax prof...
Kristi Wolfe
Section 8 high voucher amounts
We’re looking for a new tenant. The place is upgraded (Completely renovated in 2016, hardwood floor, granite countertops, stainless steel appliances, etc. Avg rent for a 2 br 2 bath in our area is $1550. We’re aski...
Rod Joseph
Reporting Foreign Investment Property
Do you have to report rental properties owned overseas? (Asking for a friend...)How would Uncle Sam know about this other than it showing up on his/her Schedule E?
Ben Bourgeault
1031 Exchange
Hi!! I have a property that I co-own with a business partner. I have been rehabbing the property and a going to be selling it soon. I am looking at investing in a local bar and I was wondering if I could 1031 exchan...
Debbie Palmer
Question about creating LLC with a 1031 exchange purchase
We have completed a 1031 exchange. It is in my husband's name as the property that we sold was just in his name. This is our first time managing property ourself as it is in our hometown of Payson, AZ. We were wan...
Jody Ho
New landlords - 1099-NEC/1099-MISC and QBI deduction
Hi everyoneI am a new landlord from last year and working on my tax return. I found two new things along the process. First, 1099-NEC and 1099-MISC. Second, QBI deduction.I bought two 8 unit multifamily properties in ...
Shan Radhakr
Question re: Tax implications for Seller leaving money in the deal
I wanted to ask a quick question to see anyone here has bought a property where the Seller is leaving money out of the deal's proceeds in the deal? I'm trying to figure out if the Seller will be taxed immediately on t...
Edward Adams
Roof Replacement Depreciation
Hii just changed the roof on one of my rental properties. it cost 18K and insurance paid for it and i only paid 1.5K for deductible. do i just depreciate the 1.5K on my tax return or 18K?