I will be selling a flip in a few months and will be very close to the 1 year hold mark on the property.Other than dumping more money into the property in order to increase the amount of write-offs, does anyone have a...
Listening to people beat up on the young folks for having their student loans paid off. Look at this people born between 81 and 96 are getting poorer while the rest of us are getting richer. What this is really sayi...
Hello,when I make the cashflow spreadsheet of almost any house (SFH, MF) around here (San Diego, California) I cannot manage to deduct enough taxes to cover rent. Am I doing something wrong?Most of the properties here...
Hi All,I'm working my way through "The Book on Flipping Houses" by J Scott, and am currently working to identify a prospective farming area.When trying to gauge whether there are buyers in an area, J suggests that at ...
I am in a situation that traditional tax benefit of real estate investment is not applicable.
My wife and I want to buy a primary residence and rental properties within next 3 months and hoping to make this investme...
We have a few investment properties for several years. One in personal name, others in disregarded LLCs. Thinking through different exit strategies which include 1031s (traditional,) outright sales, switches into over...
As I'm researching and reading and google searching and listening... I'm learning.I just wanted to use this space to note things I learn as I learn them. I have absorb so much in the past month. Not looking for a lo...
How many of you investors that invest in c and d areas are blown away by how many folks in the area are on disability ? I guess I always knew there was a lot of people in these are with Mental issues and that fraud w...
So today I called my CPA to let him know that I’m going to be buying rental properties in the near future. I Wanted to get some insight on some of the tax breaks I would be getting for having rental properties, he ...