Account Closed
Starting the Business as Husband & Wife Team - Tax Deduction Q's
It's happening. Our first REI purchase on a single family buy and hold out of state. We will not make enough money this year that would lead us to want to open an S corporation or an LLC. I just want to get started so...
Luiggi Amoretti
Buy Rentals or Grow in property management
Hello,Does anyone have any tips or ideas on starting or how to grow doing property management? I've started a business that involves in contracting and investing but unfortunately it did not go as plan. However, My i...
Andrea Cole
Tiny House Village - Short-term Rental Model
Hello all,
I am considering a rural, commercial tiny house development to be used exclusively for short-term rentals. I am mostly aware of the work that needs to be undertaken for any given area in terms of zoning, d...
Yeshua Smith
Can you deduct real estate purchases from your taxable income?
Hi, I'm new to real estate investing. I was wondering if I form an LLC to use for making investments, could I deduct the purchase of real estate from my regular income? For instance, let's say I make $200,000 a year f...
Jay'Neisha Hunt
Airbnb in Cleveland, Ohio
Hi guys. I'm looking to start an Airbnb business in the next 6 to 12 months in Cleveland Ohio, in or around the downtown area (possibly Ohio City). I'm a local but any information about the viability of this type of b...
John Jabson
Contractors and Flipping...
I don't understand how some of you flip several homes per year and using contractors the entire time. I know some of you don't even do any physical labor yourselves. You just buy and manage the flip.
How is this ...
Justin Fox
LLC for new rental constructions?
Right now, I believe I won't be able to write off any expenditures on a new construction (for rental purposes) until the home is completed and in service. Is this only for Sole Proprietors? If I put my existing rent...
Ali Garced
Form an LLC in my residing state or investment property state?
Hello! I'm looking to purchase my next investment property out of state (in Oklahoma) and would like to purchase it in an LLC. I currently live in Arizona. Should I form the LLC here in AZ or in OK? I'm also Active Du...
Amy E.
Buying Strategy
I recently started investing in SFR's in May with a business partner; we formed an LLC. We both put in equal shares of cash and bought two properties. I liked it so much that I then lent our company another infusion...
Ryan Meyer
Starting a barber shop
Opportunity knocks. I'm considering co-ownership as a capital providing partner in a new small business (barber shop) in Oklahoma. The demand requirement exists and there is a new plaza being built with an appropriate...