Jeremy A.
To take a loss? Break even? Or take a profit? -Come tax time
Hello everyone, I fully understand that every situation is different because of personal income, rental income, differing states/taxes and even marital status plays a roll. I believe that I have a strong grasp on taxe...
Carter Bushman
Wholesaling and taxes
Hey all,
I’m working on wholesaling right now and to be honest I don’t know much about taxes. I’ve only had to do my taxes once or twice and only through turbotax and such. Is there a certain percentage of my wholesa...
Gonzalo Cabrera
OK to setup a Corp/LLC to manage rental property that I own perso
Is it OK to setup a Corp/LLC to manage rental property that I own personally? I use this LLC to manage expenses and for tax purposes. I currently have an LLC S corp to manage various residential rental properties t...
Bob Evans
How to hire (W2 or 1099) to maximize tax savings?
I have a question about the best way to hire my son to maximize tax savings for the both of us.
I am retired and have an S Corp from back when I used to be a travel agent. Now my only income is from rental propertie...
Dolores Gonzalez
LLC partnerships and taxes on gains
Hello BP, I have a question about LLC partnerships and tax ramifications. I want to create an LLC to hold title to a house we have under contract. We intend to flip the house. My husband and I both have w2 jobs and so...
Haven M.
Buying Subject to with an attached Life Estate
Hey All,My wife and I are looking to buy my wife's grandmother's house in Massachusetts and grant her a life estate. Given the interest rate increases recently, we would like to buy it subject to her current mortgage ...
Jon Rood
This is the Truth!!!!!!
545 vs. 300,000,000 People
-By Charlie Reese
Oringal version
Charlie Reese is a former columnist of the Orlando Sentinel Newspaper.
What you do with this article now that you have read it... is up to you.
This ...
Roy N.
Canadian Housing Market: Don't worry, be happy!
The more articles like this I read, the more I think it's time to build-up the reserves.The value of Canadians' homes also continues to climb, despite a shrinking economy. Canada's Teranet-National Bank House Price In...
Account Closed
any experience renting to an assisted living in md?
im considering renting some property to assisted living businesses, anyone have any experience with this? i see some upsides in preventing evictions/ higher rents. any info would be helpful
Larry F.
Life Estate Questions
Anyone out there has experience with dealing with Life Estate issues?? Would appreciate any assistance with this subject.