Account Closed
Need advice for setting up LLC, finding mentor
Hello. I am a newbie to REI and I am in the process of setting up my first LLC. I signed up with a company called Your Entity Solution (YES) through another company called WCAP Financial on Thursday for an unlimited L...
Account Closed
Multiple 'de minimis' safe harbor elections?
Good Morning All! Two questions actually.First, is the 'de minimis' limit for an individual landlord $500 or $2,500? I read Amanda Han and Matthew MacFarland's book and understand (or interpret it anyways) that the li...
Giang Nguyen
Newbie from Philadelphia, PA
Hi all!I moved to Philly after college in 2012, and have been working full-time in medical research since. My plan is to go to med school in 3 years. In 2015, I bought a Homepath property in West Philly. My boyfriend ...
Anna Nickens
Advice for a Newbie
Hi All! I am a newbie in REI and would love to get advice from those who have been doing this a while. Is it worth investing in education or mentorships (WREIN is what I have been looking into but am skeptical). Or...
No one likes paying taxes, so let’s talk about how you can pay FAR less to the IRS! On today’s show, we sit down with real estate investor and CPA Amanda Han, the author of the brand new book The Book on Tax Strategie...
Krizelle Pum
Starting REI with out of state SFR
Hello everyone,We are getting ready to start investing in real estate out of state...primarily buy and hold SFRs and small multi-families. My husband and I are partnering up with 2 friends (another married couple). We...
The clock is ticking to tax day, and you could be stuck with a big tax bill. Thankfully, if you own real estate, reducing your taxes is easy. Don’t know which write-offs to take? We brought CPA and real estate investo...
Anna Watkins
Tax implications of renovating a long-term rental to sell??
I am a small-time landlord with 6 SFH rentals, all of which were purchased to be rentals (retirement income - I spend an inordinate time worrying about retirement lately) and all have been rented since purchase. I ...
Cindy Chan
Interesting situation to pick your brains :)
Hi all,I have a semi complicated case and thought about a bunch of different options and would now like to hear what everyone else thinks or would do.My mom has a property that has been vacant for about 10 years now, ...