Hello fellow investors. I had a question. I am selling an investment property and wanted to understand capital gains correctly. When I purchased the property I put down 25% downpayment of my own money + closing costs....
The dreaded day has arrived... Travis CAD released assessments for 2022 and I almost fainted when I saw the newly appraised value of the duplex I just closed on in March. The county raised my appraised value by 173% Y...
In today's episode of the BiggerPockets Podcast, we are going to talk about something you may think is a bit boring... taxes..
BUT WAIT! Perseverance
Before you move on to go watch the latest episode of Dancing...
@Jason Strange @Quenton Mullins @Wilco Ravestijn @Joe Durham @Joyce Drayton To the Anderson Business Advisors Clients, I have a question/concern about the security of your assets from Anderson, hoping you can help. ...
Hi Everyone, just curious to see if this’s normal, I was closing on a deal and the numbers from the lender did not match the numbers the lawyer have the lawyer said it does matter because it’s not what we are paying f...
Here are some common mistakes made when investing in real estate:
Not researching the market: Not researching the real estate market and local economic conditions before investing can lead to poor investment decision...
IMO, the financial reasons for investing in real estate include 1- Asset Preservation2- Increase Wealth3- Current Income4- Tax MinimizationWhile these four are not mutually exclusive, the more you benefit in one area ...
I spoke to my CPA today who said that an LLC is more hassle than it's worth if I don't intend on having any business partners. He explained that if the real estate documents are appropriately drafted on the front and...
I am interested in buying a short term rental in Lake Harmony which I can also use few times with my family/friends. My initial analysis is not looking very promising so asking the experts here for help -
1. How is t...
Ok so I been to a housing auction at the court before and I know after a certain amount of time if the owner does not pay his or her property tax it will go to court for being auction off to the highest bidder. My que...