Gary Shaw
Upside Down Sellers
Here's today's dilemma......I have an older retired couple in a stable working class neighborhood who are anxious to sell and move to a suburban retirement community. Unfortunately, they're upside down on their mortg...
David Kohutynski
Japan capital gains tax strategies for US held rental property
I have a HI rental property that would be better to sell and buy something newer. Association fees are getting out of hand. Unfortunately, I now live in Japan and it seems like selling the HI property will attract J...
Namal Burman
How to reduce Real Estate Income from rentals for Tax Purpose?
I have two rentals along with primary residence. Now the rental income is increasing my tax burden as an income. Any strategies i can use to reduce this rental income? Should buying another property would help? Any po...
Nathan Robinson
Purchasing Short Term Rental to offset W2 income advice (TX)
Hi folks, I'm looking for ways to offset the taxes that I will owe on W2 income. I came across the short term rental designation that allows for asset depreciation to offset W2 income. This combined with the 100% bonu...
Jeff Spector
BRRR strategy question
All,I currently own a home. (House-A)I want to buy another (House-B), and then sell House-A.My lender has pre-approved me or a mortgage for another house (House-B), without requiring me to sell my current house, (Hou...
Ruben Morgan
Looking for a Colorado Realtor that works with investors.
If you are a creative Colorado real estate agent that works with investors please contact me.
I pay between 2-6% commissions on my transactions.
The week before last I acquired 2 homes and early next week I expect t...
Giovanni Cortorreal
What factors determine the wholesale offer?
Hi guys-
In my transactions I have the buyers paying all the closing cost.
As you know, to arrive at the acquisition price we subtract the repairs and the assignment fees from 70% of the ARV.
But how...
Jeffrey Dieudonne
Didnt get fired but hours reduce can I still get a loan?
I am looking to purchase my first rental property but I'm not confident my current situation at work would help me landing a loan. I was fortunate enough to not get furloughed or fired but my house have been drastical...
Cody Z.
Fellow CPAs: What automation-related advisory services do your clients need most?
Hello,
I am currently in the process of creating finance, accounting, and workflow automation solutions for real estate investors. I wanted to get some feedback from folks who are actively serving clients and see pot...
Mohamed Manfalouti
Save property taxes via taxproper.com
Sounds like a great idea: https://taxproper.com/
Has anybody tried them out?