Prithvi Sri
Cost Segregation of an Absolute Net STNL property
I bought a restaurant building in March of this year. The building is around 10 years old. I used 1031 exchange to buy this as a replacement property - sold the original in Dec last year. My question is, do I have any...
Randy Buff
Are Insurance Costs for Short-term Rentals Going to Surge in FL post Hurricane Helene
As a resident of the Gulf Coast of Florida (Bradenton) we just witnessed the strength of Mother Nature with the most recent passing of Hurricane Helene in the Gulf. Even though we did not get a direct hit we encounte...
Craig Steltz
HELOC - LLC question
All,
If I take out a HELOC under an LLC. Meaning the LLC would own the HELOC. How would one deduct interest on their taxes? this wouuld be a single member LLC. Can I just use the EIN on my own personal tax return ...
Alden Ho
Should I rent or Airbnb my 3br 2ba townhouse?
Hello,I'm a current working professional who lives in a 3br 2ba in mesa az. My mortgage is $2000 and hoa $200. I'm thinking about renting my townhouse for around $2400/month or $2200. I would technically be taking a l...
Anil Villamkandathil
Failed Fix and Flip Exit strayegy
Hello all,
I am doing my first rehab flip. It has turned out to be damm adventureous/scary/ Stressfull/ Sleepless journey. I have my great share of mistakes, and if I survive this , will do it lot better next time. T...
Jerry Daily
Buying another property to offset taxes
I currently own a rental property that profits at least 15K after all deductions. I also own a rental property in cash under an LLC that profits very little on paper. I also have a primary residence with nearly a JUMB...
Joseph Martin
Cost Segregation for SFRs and rentals
Does anyone do cost segregation for SFRs and rental properties? I’m trying to learn how to do this, especially since I’m in the 37% tax bracket. Any advice and direction is greatly appreciated! Thanks!
SANDRA Hillhouse
Help! Flip not selling, should I eat loss or hold and rent?
Hoping someone can help. Flipped a house (gorgeous, made timeline, and close to on budget. Best schools great location. Because Of the insane appreciation in this area over past year, it’s taken an early and big hit -...
Zachary Vanheyningen
Should you buy a house that has fire damage?
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $20,000
Cash invested: $50,000
Sale price: $110,000
First, fix and flip. Complete burn-out property. Learned a ...
Matthew Ficorilli
Buying real estate to offset other businesses
I have a general question about business and real estate. I keep hearing places that people often buy real estate to offset other businesses. Is this just for tax purposes? I need some more detail on this subject. Tha...