Hey BP Nation...... I'm just looking for some opinions here. My wife and I recently purchased our first rental property in the central Ohio area. I'm sure I did this backwards but after purchasing the property a few w...
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...
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...
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...
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...
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?
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...
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 ...
Are you a late starter who wants to reach retirement (or early retirement)? Then we’ve got just what you need! We’re back with Bill Yount and Jackie Cummings Koski from the Catching Up to FI podcast as we share how to...