Hey guys, we often talk about the tax benefits of owning real estate. Do these benefits extend beyond the rental income? Could somebody give me a laymen's overview of how this works?
There is a bill proposed by Chris Ward district 78 called the California Housing Speculation Act that proposes charging a 25% additional tax (an income surtax) on the profit (above the regular tax collected on the pro...
I own a investment property that is 100% Owned by my LLC after paying back the loan. Now the property in Indianapolis is cash flowing $700 per month. Is this tax free?
Hey I'm a college student/real estate wholesaler looking to do some affordable housing for Unc Charlotte students. If you or someone that you know is a professional in the affordable housing field or has knowledge or ...
How many Wholesalers doing Double Closings are paying the Real Estate Transfer Taxes?These can be quite expensive in some places. For instance The State of Pennsylvania charges 1% of the sales price and the munici...
Hey everybody, I've gotten myself into a heck of a pickle and I'd like to share this (hopefully brief) account to solicit advice and warn others of potential flood zone pitfalls. I bought my first rental 10 years ago ...
Hello everyone I perused the BP community in the forums section to determine if gold as hard assets (with the ability for liquidation) would have application as collateral for doing a real estate deal. I am a collecto...
I want to get a head start in real estate but I don't exactly have a nice big income. I make almost 20k a year and have about 12k in savings. I can save pretty easy right now because I do not have many expenses.One of...