I am selling 2 rental units to purchase unimproved land to be used as my future primary residence. In addition, I currently have my existing primary residence on the market as well. What are my best options to avoid c...
I am a travel Physical Therapist Assistant by trade and make great money BUT i get paid way more in my check “PER DIEM” than hourly pay because it is tax free. That said, I have been trying to get a FHA LOAN and got d...
I am interested in purchasing the home of an elderly couple who wants to sell. They have owned the home for a long time and have seen 10x appreciation. This is their personal home. In the event they owner finance, ...
I have questions on whether I should expensing or capitalizing my costs on remodeling a property. I feel expensing is always a better option, since it deducts the overall taxable income to the most amount immediately....
Folks,I purchased a cashflow property in a partnership back in 2010 which has performed pretty well (11 cap at purchase and 75% appreciation since purchase).My partner now wants out (I would prefer to let it ride). I...
I'm a realtor who is currently finishing my first fix and flip with a business partner through our LLC that we formed from each of our individual Corporations. I've been pouring through articles on this topic, but am ...
This was taken from a PM to a colleague.... After writing it up, I figured I'd put it here for your entertainment;) About the tax comment in my post...This is a simple example. The numbers are to show the point. Don't...
what are some legal ways to reduce my rental imcome? Can my partner/girlfriend claim the income and expenses? Does her name need to be in the mortgage or deed?
Investment Info:
Townhouse buy & hold investment.
Purchase price: $326,000
Cash invested: $285,000
vacation rental in Tulum, Mexico: sleeps 6-8, 3 bedroom, 4.5 bathrooms, bonus rm, rooftop pool,...
Real estate is one of the most tax-advantaged investment strategies out there.
Real estate pros buy property using leverage and bonus depreciate to perpetually defer taxes.
Making millions a year and often paying ...