I live in Chicago, and I've zeroed in certain areas of the south suburbs that seem intriguing for investment. In particular, Lansing, South Holland and Dolton have some attractive opportunities. I am aware of the ex...
Most of the articles that I've read assume that capital depreciation is deducted from current year income at 25%, or deferred in the case of someone with too high of an AGI to deduct real estate losses. In my situati...
Hello,I am moving to new house and would like to rent out my current property. There are a lot of articles that "depreciation" helps to even profit from rental with expenses.Let's assume the property without land cost...
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Hi everyone. I am wondering if one were to decide to start private money lending, what entity would be the most tax-advantaged? Or put it more simply, if there are any private lenders out there, what entity do you u...
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Looking at a market that could be considered dysfunctional because of the property tax rate being so high. Realtors are saying that it is essentially frozen because nobody wants to pay more than the assessed value bec...
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Is something like this possible (simplified hypothetical example):
Seller wants 500kConventional loan for first 400kSeller carries a 2nd note of 25k at 19.5915% over 20 years = $100,009 in total payments
Would this ...
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Hello ~ I am looking at properties in South Carolina (north Augusta specifically) and would like to make sure I understand the property tax rate. From what I read, for rental properties the annual tax is 6% of the app...
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Looking to invest in Houston. Iv heard good things but dont know much yet other than iv been to the city a few times and really like it. How good are the returns on rental property? I am from Cali and looking to take ...
I noticed a pattern when paying my taxes the last two years and it seems like I’m paying state income tax in two states from long term capital gains of stock sales.I live in CA (since 2013) and have a rental property ...
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I know the basics of what an LLC is used for, but I had some clients today asking what the major benefits I've seen so far with investors using an LLC. What can you say about having your investment properties under an...