Troy Elston
Converting private residence to rental property
I'm having a difficult time calculating tax gain/loss from a property sale and was wondering if someone could help me with calculations.Purchased Home in 2005 for $145500Converted personal home to a rental property in...
Julio Gonzalez
Car Washes and Their Unique Cost Segregation Study Benefits
Cost Segregation is a bit of a buzz word these days, but in case you aren’t familiar with what a cost segregation study is, let me explain. A cost segregation study is a strategic tax planning tool that separates the ...
Account Closed
Effects of depreciation and interest expense.
Anyone able to shed some light on how you personally figure in the savings of interest expense and depreciation on your investment? I have heard a ton about cash flow, but there is the other great tax benefits, altho...
Mehran K.
Is Investment Property Principal Paydown Considered taxable income?
Hi all,
At my family party yesterday I had a chat with my uncle who owns an apartment building and is very successful in other businesses. He told me that any principal paydown on an investment property is considered...
Rich Hupper
Property Taxes and Swamp Land
Hello Everyone,I have about 8 acres of land but about 60% of it is swamp land. My taxes are $10000/Year and just keep going up. Does anyone know if there is a way I reduce my tax liability?I live in Massachusetts.Tha...
Rick D.
Tax Savings from Rental Properties
I realize a real estate investor “makes money” in four basic ways. Cash Flow,Appreciation,Principal Reduction, and Tax Savings.In order to properly estimate my returns I need to assign a dollar value to each of these....
Paul Shannon
Real Estate Versus Bonds in the New World
Before COVID-19, bond yields were pretty poultry, forcing income investors (retirees and those with lower appetites for risk, or getting closer to retirement) to take on more risk than in the past. The standard advic...
Audrey Cranmer Moini
What is the Best Way to us your 401k to buy a Home?
Okay, so I am running into an issue right now. I have plenty of money to buy a home but it's locked up in a 401k with an employer I don't work with.
I want to find a way to not have loose 40% for taking it out before...
Dylan Bohannon
Duplex/triplex house hacking tips
My wife and I are currently shopping around for our first property. We are trying to find a triplex so we can live in one unit and rent out the others. I'm definitely taking advantage of all the knowledge that I can g...
Yoselin Pearce
Investment property or primary residence first?
Hi there!
I'm a new investor just beginning my path to early retirement (woo!). I haven't purchased my first property, but I have saved up enough to finally consider buying.
I live and work in the Los Angeles / Oran...