Hello everyone, I hope y’all are doing well. So since rental cash flow/income is taxed by the IRS, would I be able to use my renovations cost as a tax deduction? Therefore it’s seen as a loss similar to if a property ...

A critical element of RE investing is access to good financing; rapid lender approvals and good terms provide an investor significant advantage in winning deals and generating strong ROI.For first-time investors or th...

Hey Guys, I'm about to go the self employed route and need a little help with how do setup my personal income taxso tell me if I'm going about this right....Heres just a simple example1. 5k rental income- 2k expenses ...

My wife and I were only able to invest a little less than $10,000 in our respective Roth IRAs before our combined income disqualified us from contributing anymore. My question is this:  Should we leave the money in ou...

Hi everyone,I graduated from university about 9 months ago and had began working in the corporate world. I earn about $68K per year right now and I am single. My company do 401K with cash balance formula, which it mat...

I have funds sitting in my company sponsored 401K plan; however, I would like to transfer the funds over to a Solo 401K to invest in RE. From watching Youtube, one of the requirements of opening a Solo 401K is that yo...

I've been in a partnership for about 4 years.  Long story short, These two guys were the capital people and I was the boots on the ground/grunt worker, and I found the deals and managed the rehabs.   So our operating ...

I am interested in forming an LLC w/ S-corp status for tax implications. The idea would be to build a team and protect my brand. I have heard some people say that forming an LLC is mainly for legal protection and othe...

Hello all, An applicant has explained that she has no credit (not bad credit), she and her husband started a business 6 months ago so they don't have tax returns.  I'm trying to figure out what to do with this since I...

I bought a 1.3 acre IWD parcel in 2018, built a 15k sf warehouse in 2019. I will be selling the property this year. Will I pay long term capital gains tax on the earnings or will I have to declare the earnings as inco...