Hello,Say I sold a home and I paid capital gain taxes because I lived in there home more than 1 year. Where my capital gain was $50,000 my capitals gains tax bracket was 10% which leaves with $45000 profit. Do I have ...
I talked to a CPA firm and they told me that if I have a S elected LLC to manage the Airbnb (even hiring another property manager through the LLC), the income of the rentals of Airbnb can be considered as income throu...
Have you guys found sellers to be concerned when the investor is the one who is finishing up and closing the deal? How do you deal with this situation, how do you explain it to the sellers up front and during the pro...
I believe that all newbies are not alike, in fact we have all been there right? But what makes the difference between a successful, a dappler and just one you should run away from? I am going to vent on my experience ...
I have an internet business, rental property business, and flipping business. I received my tax returns yesterday which were 96 pages long - they get longer every year. I should be more informed about how my taxes are...
Hello everyone I’m new to this type of stuff but what I’m asking is if anyone can explains some of the taxes involved with real estate investing and if you have any books that teach a kit taxes in real estate please s...
So here is a quick update on the property that I purchased with a bad tenant. This happened today so it is fresh in my mind. I called him yesterday to confirm the meeting and the amount of rent that was due. So I driv...
Recently filed... I have three Luxury rental properties that we’ve paid roughly 30k in interest and another 24k in taxes on... my tax guy said he didn’t need the statements because it no longer makes a difference for ...
Anyone have a suggestion with whom I should use as a property manager for a property in Tucson? Pros v. cons and costs v. savings to do it yourself?
why cant i find any videos or blogs posts actually explaining how to analyze a deal in depth? i've been looking for a while of a solid post on how to analyze a deal and can not find any. the best one i saw so far wa...