Let's say you made a couple hundred thousand in net taxable income from house flipping and you're holding some of that cash through the end of the year until you find another property, so 1031 is off the table.  Other...

I have been wholesaling up until now using my name on the purchase and sale contracts. But I have been closing them regularly enough that I think its time to consider setting up an LLC.

Typically how long doe...

Hey All,I have two different questions but they are ultimately linked. I'm super confused at this point on the tax advantages of buy and hold RE. I have been talking with my aunt who is a CPA here in the Houston, Texa...

I've read some marvelous advice here about a variety of topics, so I'm going to ask this question that is puzzling me about the tax deductibility of my rental expenses.I've been told that I can't deduct expenses due t...

First post here, awesome sight,

I am interested in investing in the rental property business.

I have used some tools from this sight and other internet research to form an LLC.

I dont like the name that I used for ...

Hi, I’m new to this website, but heard I can ask all of my questions here. I was wondering what you guys think the best company structure may be in terms of entities in terms of both flipping houses and also holding r...

Hello All,An absolute newbie here! I have a partner who has created an LLC in Nevada for flipping houses as they were advised it was best. Ive done a little research and looks like it is more beneficial to create an L...

Hi yall! I'm from Southern California looking to start investing at the crazy-experienced age of 22. [insert sarcastic response]. My biggest obstacle at the moment is where exactly do I start so if anyone has any idea...

This year l left my W2 job. I do flips and have a few rentals. Is there any benefit to giving myself an official paycheck and W2? I do want ability to get loans. I have 4 years good schedule C and interest income.

My main question is, a good friend and I both have our own real estate investments in our name. We have been talking for a few years now about going into partnership and finding these properties together through an in...