I'm changing jobs so figured this might be a good time ask this. My previous and next employer do a 401k with a 6% match. I guess 401k's the only benefit of a 401k is it's tax benefit and I'm making an instant 100% RO...
We spoke to our accountant and he related that we will not be able to take advantage of depreciation for my LTR because the combined pensions are over 125k.
How can I “minimize”my income? I only have one LTR.
I am looking for my first investment property and have IRA funds that I would like to use as a down payment. This is a big step as it would be our families first deal and would appreciate any success stories or nightm...
Hello to Everyone on BG! quick question that I need some advice on, Ive been undecided if i should become a real estate agent, real estate investor or both. I got into real estate because I have been working as a l...
My most recent tax filing made me more aware than ever of the potential benefits of claiming depreciation. I've since sold that single family rental and have a contract on another in my area, near Denham Springs, Lou...
I bought a new construction SFR, smart home, energy efficient house for $520,000 last Nov 2021 and it is a LTR. I am trying to figure out if a cost seg study would be worth it or would any depreciation recapture I wo...
I am a new real estate investor and I am closing on my first duplex in Milwaukee, WI this month. I took out a conventional mortgage (30yr/3.125%) and the property is will be held in my own name. I am trying to incorp...
I was contacted by a fellow RE investor about providing hard money for his deal. I've not done a deal like this before, so I'm looking for advice, particularly from hard money lenders.
He bought a house on his credi...
What is more valuable for a 3br rental property: 1.5 baths and shared laundry OR 1 bath and private laundry room?What is more valuable for a 2br rental property: 1.5 baths and shared laundry OR 1 bath and private laun...
Good Afternoon All!I found out that I will be stationed at southern california in the near future, and I was wondering if anybody has had success investing around or from there? I admit I haven't taken a strong look a...