I have a house across the street from my parents house that is now vacant with the owner too sick to live there anymore. I want to approach them to potentially make an offer, but I don't even know if they want to sell...
Hey guys,My name is Sam and i've been pondering the idea of becoming a real estate investor for several years but because of my past situations and fear i never took the plunge. Well now i feel that i am ready. I am i...
1. Opportunity Zones - Jobs act of 2017 has stimulated growth by offering tax incentives in special zones around the United States2. Refinancing or Tax-Free borrowing - When you refinance, you are able to borrow again...
I'm just learning about hiring my children and the tax benefits. I think I understand how to do it, but am confused on one point. I'm reading online that we can hire a child up to the age of 22 but my CPA said 18. Can...
Hello all,I recently lost my day-job due to COVID-19, and I'm considering going full-time investor in. My strategy is to start a house-flipping business in New Jersey to gain capital and once the house market settles ...
Hello everyone!I’m new to the site and have found it very helpful. I’m also interested in REI and am leaning more towards flipping. I have a couple of questions regarding tax purposes. It’s to my understanding that ca...
I own a single family home that I rent out to my brother that I do not use a property management company for. I want to buy another house in the area to rent out. I’ve thought about starting my own pm company with my ...
I am currently making about $350,000 of rental income profit per year. I am a full time, licensed realtor. Will be selling two properties that may generate about $700,000 of profit. Being that I am a full time, licens...
Hello,I am a new member here as well as a new investor in the real estate business. I was wondering if someone could explain the tax advantages that I get by renting out a property.I have a property that is actually 2...
Has anyone had troubles in their early years of investing finding a responsive CPA? I am on my second CPA / Advisor and continually running into the same issues. I do a little bit of everything, flip homes, hold renta...