I currently have enough money to pay down 65% of a California townhome I plan to live in, but that money could easily buy several investment properites in other parts of the country.
My uncle is a real estate agent w...
Does IRS publish the various codes (maybe a book or a pdf document) that I can read up ? I am interested in knowing more about Tax saving techniques via RE investing.
I bought my townhome in March 2021 and will have lived there for 2 years in March 2023. I plan to move to be with my husband (military) in December 2022 and rent out my townhome starting January 2023. I hope to rent o...
This might be the wrong group to ask, but I wanted to ask what many of you self employed real estate pros are doing for health insurance? Anyone know about any way to get into a "group" of some kind to save money on ...
Suppose you pay $120,000 for an REO with an ARV of $300,000 which needs $80,000 in repairs. Will the county reduce your property tax to reflect your $120,000 purchase price ?
As a CPA focusing on real estate taxation, I frequently encounter property investors excited about cost segregation studies. And why not? The promise of accelerated depreciation and immediate tax savings is attractive...
Hi everyone! I'm looking to buy my first rental property this year or next in Florida and I recently attended a workshop on how to save on taxes using short term rental properties by a tax strategist named Karlton Den...
Newly built (2024) duplex in Boiling Springs, SC. List price: 445,000.DP: 89,000
Closing: 8900
Total Invest: 97,900
Projected mortgage: 2500
Rent: 1700 per unit, 3400 total
Taxes: 42
Insur: 263
CapEx: 100Repair...
I was wondering if cash flow is taxed? Once I'm fully rented out I'll receive around 500 in cash flow. Should I save a percentage of that for taxes?
I'm building my entities for buy-an-hold real estate in Omaha, Nebraska. In light of the new tax laws, what type of entity will provide the best tax benefits for my rental income? Will it be different if I decided to ...