Nolan Gottlieb
Lending Money as 1st Position tax question...
If I'm wanting to lend money to someone with my private money, for them to purchase or refinance and I'd be recorded as the 1st position lender, would that money be a tax write off? Obviously, the interest I earn from...
Jason Stern
Self Employed Tax Savings & Use For Future Real Estate Investing
I am looking for financial tips for my particular situation....I am a firefighter and also a self employed business owner. I work full time as a firefighter in Miami working my normal 24hrs on, 48hrs off. I also work ...
Jake Anderson
Tax Shelter Through Real Estate
Looking for ideas, not specific investments but general ideas, on sheltering income from tax by investing in real estate. I will be earning some significant sums of income over the next two years. Unfortunately none...
Christopher Shutrump
Investing as LP in Real Estate Syndicate using self direct IRA
What happens to the the accelerated depreciation received from real estate syndication owned by IRA as LP? Is this held back and available for use when funds are eventually pulled out of the IRA?
Allie Pfannenstiel
How Should I Finance My First Purchase?
Hi BP Community,I am ready to buy my first property in Arizona - question now is how should I finance it?I have been travelling for 2.5 years and don't have traditional W2's to show the banks. Would I qualify for a FH...
Colleen Ferrari
Losing deductions due to income cap
Hi-- this is my first post to the group. I joined a few days ago so please forgive me if I do this wrong. I read many articles and books on investing in real estate. I have owned a few rentals for 20 years or more, an...
James Park
Best and Worst States for Taxes for Retirees
Interest article published by Kiplinger for the most tax friendliest states for retirees. The darker green states are among the most tax friendliest states.http://www.kiplinger.com/tool/retirement/T055-S001...
Georgi...
Ashley Lynn
Pay down mortgage or save the cash?
I am about to purchase my second property with almost 100% financing & equity from my first property. Goal is to buy a third a year or two after that. Question is do I use any extra money I have to pay down the mo...
Zainab Ariyibi
LLC or S Corp.
I'm in the process of acquiring more rental investment properties and wanted to know if forming an LLC or S Corp is better? Which has better tax advantages, and which business entity will allow me to transfer the dee...
Gene Jung
Mortgage recasting ...when to do
Hi,Assume there is no cost for mortgage requesting for my lender. Assume my marginal income tax bracket is very high, and mortgage rate is 5.25%. If I have lump-sum free cash, should I just apply it to my mortgage to ...