Quick one,I understand profits from wholesaling activities are tax as ordinary income; but, is there a way to minimized the taxes that one needs to pay from money earned in wholesaling?If say the goal is to reinvest t...

Hello . I'm just getting started. Currently have one property. I'm wondering how to best maximize taxes while staying legal. --
I know that businesses don't get taxed on their expenses, only the profits. From that sta...

I’m planning on putting my first down payment in my first house/condo next year, where should I save my money in the mean time?Can’t an RSP give you the ability to take out money for a first home buyer tax free? And a...

I've been hearing the hype about Cost Segregation for a while and I wasn't sure i was a candidate. Still not. My w2 income wont be over $100k for 2022, I will hopefully be considered a RE professional and i had 5 prop...

Hey
everyone! I'm hoping for some advice as I look start my real estate journey. A
bit of background - I'm 28 years old, and have been contributing to my 401K for
the last 5 years. Thanks to all the great informati...

Closing tomorrow on a 5 plex in Superior WI. In the past, my old CPA told me a cost seg study wouldnt be worth it on a commercial building I owned that was only 295k. His reasoning was the amount I would save would be...

hi all. Looking for some insight on my situation. I own a 2 family unit in CT and recently relocated to MA. I'm considering selling. I currently owe $150k on the property. Sale price was $229 and it wld sell for somew...

This is my first time filing taxes and having investment properties both purchased late last year. Normally my wife does our taxes through Turbo Tax and that’s what we are planning on doing this time as well. But what...

I recently bought a new property and started renovation with a contractor. I plan on selling it and using the funds to buy another property to renovate. I was wondering if anyone has started an LLC to flip houses and ...

Hello everyone,A young person could join the military right out of high school and save up $50,000 during a four-year hitch.Assuming that young person did a lot of self-study on real estate during his or her military ...