Hello,I have 260K in my current employer's 401K and I want to start investing in multifamily buildings for passive cash flow. My goal is to replace my W2 income (5K) with passive cash flow from real state investments ...
There is a lot of focus on inflation, rising home prices and rising inflation. But will it be rising property taxes what will lead to a real estate sell-off and potential real estate recession? Based on latest tax ass...
Hi there,I am looking for advice on a current deal in Oak Lawn / Knox / Henderson area Dallas.This is a small <45 probably class B, Boutique unit, which has been gutted and rebuilt, almost 90% leased in a very shor...
Hello all,I received my property tax bill for 2022 (Bexar county in San Antonio).My property tax is significantly higher this year than the last year which has now made the property's cashflow negative.Anyone know of ...
Hello,Would I be double-taxed on income tax if I invest in Indiana as a CA resident? Does this happen at all (in any state-to-state taxing), or are there always credits (i.e., paying Income Tax in only one state)?
I understand that it's important to hold investment property within an entity such as an LLC. So if I'm just starting out, should my first step be to find a lawyer, form an LLC, then have the LLC buy the property?
Or...
I am in North Carolina. I have a chance to purchase a property at 50% of current tax value. Both the owner and I agree that the value it is way to high based on recent comps in the area. Is the county under any obliga...
Hi. My wife and I are in escrow on a duplex in our city. We are both 30 and currently we both work full-time W2 jobs. I am considered a high earner and in the top tax bracket currently. Our plan is to move her to part...
I am considering enrolling the help of a consulting firm that provides quite a few services that appear to be beneficial for first timers. My questions; How necessary is this? Would it help mitigate some risks? Has a...
So I’m looking start my business entity but I’m unsure exactly how I should do. I’m writing to find out from seasoned investors about there opinion. I’m hearing a lot of things about Wyoming LLC or S Corp or C Corp. I...