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Hey Everyone, Every time I write one of these I get great feed back! So thanks in advance. Here's the deal...I bought my first property a year ago for 300k, and it's likely appreciated in value 55 - 70k. That's a roug...
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Hi All!
I'm curious to know people's opinion on this situation. I just closed on a duplex ($166,500) in ohio that rents for $1960 (section 8). I have a 30 year fixed mortgage at 4.87% , loan balance $125,000. I'm re...
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I have three rental properties across two states.Been renting since 2004.Till now, I simply tally up expenses and log into a spreadsheet and bring to commerical tax preparing service (ie. HR Block, Jackson Hewitt, etc...
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Building a tax advantaged retirement plan...best ways to invest extra funds + smart exit strategy from rentals.. We may decide to return early...We are looking to build a retirement that minimizes tax obligation, lowe...
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Rookie investor here, I have been learning a lot about seller financed deals lately and seems like a great strategy for investors with not a whole lot of capital to start with and just a great tool to have in your too...
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I purchased a 4-unit property eight years ago that has over doubled in value. I joined the military so I have up to 10 (vice the normal 5) years to sell and have capital gains excluded since I lived in the property fo...
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I am currently getting my MLO license however my focus is still on Investing. I love helping people so being an MLO I feel is a great entry point, however, is it really worth it?
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Hello all,I have a property management company (LLC). I want my daughter to learn real estate. What is the best way to pay her?An employee and give her a W2? Hire her as a contractor and give her a 1099? or lease he...
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So, I keep hearing about it being great to be classified as a "real estate Professional" for tax purposes. It seems the only benifit is to be able to deduct passive rental losses from ordinary income.. Since I have no...
There are a lot of reasons to love being a real estate investor. One of the most impressive is the “unfair” tax treatment investors get by the US Government - and we mean that in a good way! On today’s episode of The ...