Jesse Richards
S- Corporations for rental property
Hi Guys,
I am new to this group. I have a couple rental properties and I was advised by my cpa to retitle them in my S-corp. He also wants my to have my rent paid to the S-Corp and start paying all of the bills for...
Philip C.
Am I a "Business" or "Investor" for Tax Purposes?
Hello,According to NOLO's Tax Deduction Guide, the waters are somewhat murky when determining whether a rental property owner is a "business" or "investor." I own one out-of-state single family residence that has ten...
Matt Ward
Why hello there...
Hi guys,I am new to real estate investing but have been devouring info and have cash to invest from current ecommerce business successes. Looking to connect with a real estate professionals specialized in South Atlant...
Mia Edgar
Tax on Capital Gains
I need some quick tax knowledge. I've currently accepted an offer of $760,000 on a property with a $655,000 loan. My real estate agent is getting 5% about $38k so I'd have $64,000 in capital gains. How much of tha...
Omar Merced
Boaxabl. Startup future of real estate and new builds
I recently came across this company and was completely blown away. Based out of Las Vegas this new startup will be a force to be reckoned with in the future. The design, finishes, ease of installation, and cost can't ...
Tim W.
When to LLC
Newbie wondering at what point does an investor decide to form an LLC?
Tyler Jenkins
What would you do?
If you read my intro you know that I am somewhat new to real estate. I have never “invested” in real estate except for my homestead. I know a bit about real estate as my wife is a realtor.
Here’s my question. ...
Douglas T.
Getting a mortgage with rental income
I'm about to convert my Chicago condo to a rental property and move to Fort Lauderdale. How long must I rent my Chicago condo out before I can count the income toward another mortgage in Florida? Is it different from...
Robert Hursey
203K with Illinois Land Trust
My brother and I are investors in Illinois looking to purchase a multi family with one of the occupants being our parents. Since they will be living there, could they buy the property and put it in an Illinois land ...
Mark Hughes
Create own 401k/health insurance plan via flipping business??
Still have a W2 job but getting closer to FI in the next year or two. Big thing holding me back is getting over hurdle of health insurance for my family as well as 401k. If I make an S Corp and start hiring a couple e...