Lauryn Meadows
My CPA Doesn’t find benefit in Real Estate Professional Status
Question for my Investher CPAs.
My husband works full time in our real estate business, I believe he should have no problem qualifying for real estate professional status.
I work at W2 and have a 1099. We also fli...
Ben Reiss
Rehab SFH on College Campus
Good Morning Everyone,
I have asked a few questions on BP and gotten some good advice. I have done some marketing and found a few things. I bought a lot with some title issues I cleaned up for 18K all in that is ...
Bear Geiger
Yet another 1031 exchange question
I am currently working in development of raw land. In short, we by a large piece of land, make improvements, split it into smaller tracks and sell them. At one time I was told that even if I hold this property for o...
George Ahearn
My First Deal.. Home Run or No?
Investment Info:
Retail commercial investment investment.
Purchase price: $600,000
Cash invested: $3,000
Downtown Main Street in Bothell, WA 98011
What made you interested in investing in this t...
Hemal Patel
Leander vs Pflugerville
Being remote and have never lived in Austin, it's quite confusing to know that between Leander and Pflugerville, which one is a better prospect for investment, say we'll keep it for 5 years. We've observed that Leande...
Jim Butcher
Multi Unit Tax Information
I am looking to invest in a mult-unit building (Quad) and am currently evaluating what is a good deal. I was trying to find the yearly taxes that would have to be paid but on the Assessment and Appraisal link I find T...
Nate Roman
What are the tax benefits of owning real estate?
I was wondering what the tax benefits were of owning real estate? I know it is agreat investment, but I wonder what all the little details were. :mrgreen:
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...
Bobby Andrews
Deductions for non-REPS
Hey everyone - first post here but have done a lot of research and reading. Hoping I can get some guidance with my question!I own a 3 unit commercial building that generates about $50K/year in net revenue. I'm self em...
Ross Ellington
Depreciation's impact
Good evening everyone. I wanted to ask about the depreciation on investment properties and the advantages it has. (or any disadvantages that I might not know about) I still feel foggy when it comes to the whole idea. ...