Christopher Aguilera
Analyzing Multi-Family Properties
Hi Everyone,I been trying to learn from the best when it comes to analyzing deals. I been watching videos and following Brandon Turner when he analyzes deals.Can you guys help me out and make sure I'm doing everything...
David Krulac
Fastest Growing States, Shrinking States, and No Income Tax State
Fastest Growing:1. ND (yea oil/gas)2. CO (yea Bigger Pockets)3. NV4. FL5. TX6 UTShrinking State Populations:1. WVA2. IL3. VT4. CT5. Maine6. Miss.7. New Mexico6 of the 7 are east of the Mississippi RiverStates w...
Alex Hamden
Buying the property and the name of the llc
I AM Buying the property and aLSO the name of the LLC . Is there a way that I can help the seller not pay taxes on the property that there selling and put it all on me since I'm taking over the llc. It's a way that I ...
Andrew D Hansen
Depreciation recapture selling rental house
I am selling house rental. Do I have to pay depreciation recapture tax to state of Wi? If so what rate? I know I will pay Fed tax. I collected $2,000/yr total for 13 years. ty Andrew
Roger Princeau
Funding question.. cash out refi vs loan
I have a funding question. I have a deal locked up for$250k.. (seller will finance me $50k. So I'm needing funding for $200k. Was looking into cash-out-refi. Accountant says this route won't let me deduct taxes. Does ...
Brandon Montgomery
Does your first rental really save you on taxes?
With the standard deduction being 24k (or so) for married couples will one single family rental save us on taxable W2 income? I just purchased my first property and plan to BRRR it so it will have 20k or so worth of r...
Jesse Clark
Shelter profits in c corp. Keep off personal tax forms
I currently have student loans that the payment is based off of income(AGI). If I were to put my properties into LLCs that report up to a C corp where profits stayed and could be used to buy more properties, would tha...
Jeff Wilson
Tax guy is saying I can't claim a property I held more than a year as capital gains
Instead he is saying I need to claim it has self employment income since it was not a "one time only situation". This is a fix and flip that I loaned money to. I have performed 3 other fix and flips and am continuin...
John Mark Pollard
LLC or just an umbrella policy???
Hesitant to beat a dead horse, but maybe you're like me, steal struggling with the decision of starting an LLC or not. I'm still weighing my options and have not made a decision. However, from a liability standpoint ...
Victor A.
Self directed IRA and Asset Protection
I am new to this site and am really impressed by the large group of knowledgeable individuals contributing to the forums. I've learned a ton of information about self-directed IRAs and am planning to take the "ch...