So, the day has come to finally figure out how much your rental property income will affect your child support payment. You won’t be surprised that many states consider that pretty penny a critical component when calc...
@Abhishesh Acharya and I have presented some, mostly non-googleable, high-level overview of some tax strategies. I understand this might be very technical for some of us. If these apply to you, please research more, ...
Quick question about tax implications of leasing to yourself. I am a 60% owner of an LLC with 20 or so rental units in it. If this LLC were to buy a property and rent it to me, would this be a problem tax wise?
Her...
I'm thinking about allowing a relative to stay rent free (or significantly reduced) in one of my rentals. Is there an ideal way to go about this from a tax perspective? I want to make sure that the property continue...
How do you calculate depreciation for a residential property?
Taking advantage of super low primary residential mortgage rates.Will refinance my primary house and plan to cash out enough to pay off an investment property's mortgage balance.Will deposit the cash out check and pay...
Hello everyone I am considering purchasing an investment property in collins county texas. I am a little bit concerned about the interest rate however if the tax deduction offsets this, that will help me do the purcha...
Dumb question...I'm a newbie, please forgive...If I get 1100 a month in rent but I pay 900 in mortgage payments. Do I report my rental income as 2400 a year? or 13,200?
Almost all taxpayers are impacted in some way by the new tax law introduced as the Tax Cuts and Jobs Act of 2017 (TCJA). Individuals, LLCs, LLPs, LPs, and corporate entities alike now seek to identify key and relevant...
Thought this was a great information on how the tax reform will affect commercial real estate investors. I have not checked to see if it was posted and shared before. I apologize in advance if it has. How CRE Investor...