Woojin Joo
how to calculated expected tax savings with first property?
How much tax savings can be expected with my first investment property? How can I do the calculations myself? I pay a lot in taxes in my W2 job, and would like to know how much can be offset.Does the math change signi...
Brandon Tarby
Looking for my FIRST MHP - Things to look for?
I'm looking to purchase my first MHP, what are some things you wish you knew heading into your first purchase? Questions to ask, financing options, things to look for, etc. Was your first MHP close by, or remote? I'm ...
Lacey Burdett
Opportunity Zones Investing
Has anyone taken advantage, or plan to take advantage of the tax incentives in the Tax Cuts and Jobs Act of 2017 for the Opportunity Zones in Duval? From my understanding (Please correct me if i'm wrong) All you hav...
Josh Wallace
How Do Depreciation Schedules Work
I was discussing depreciation schedules as a benefit for real estate investors over the weekend. The person I was speaking with seemed to think that the write off involved with a depreciation schedule would be due upo...
Ernesto Correa
Does renting a room to an adult child qualify as being a landlord
Hello,I am currently renting a room to my adult child and was wondering if this qualifies me to be able and take the tax benefits of a RE "investor".Thanks
Christopher Dunson
Write Offs-AirBnb vs Rental
Hi everyone and thank you for taking your time to help. What are the differences if any to Airbnb Write offs and tax benefits compared to traditional rental or small multifamily rental properties? Depreciation, cost s...
K W
50% rule - cash flow question
I've been using the Property Analysis sheet provided by this forum to analyze properties. When you say a property cash flows, and you want $100 per month per unit (in general) are you looking at the line "Cash Flow Be...
Logan Vierstra
Would anyone buy this?
Is there any type of investor out there who would buy a deal like this? 3 bed / 2 bath 1400 sqftPurchase price: $300,000ARV: $360,000Rehab:$0 (let's just assume)Currently Rented at: $1900Cash flow: $830/monthCap rate:...
Jeri Herrera
Commercial Real Estate for Taxes relief
I have seen a piece of commercial real estate on the market for under $70k. It is structurally sound in an area of town that offers rehab grants. It requires a full rehab, roof utils, wall, etc. taxes are at $1200yr....
Nick Frank
Question for Home Owners ... ?
Question to current Home Owners,
Has anyone put their home into an LLC or other kind of entity for asset protection or
tax benefits ??
I just bought a single family home and was wondering if i should put it i...