Hello - I have a somewhat unique situation that I am unsure how to best claim on our jointly filed tax return. My wife and I are based in Florida and work as non-profit business consultants. Last year we had a client ...
I work in SF, and have rented as I am wary of the seemingly unsustainable prices. I would like to buy a house (to owner-occupy) if it makes sense, but I can't get a clear picture of whether or not it makes sense to bu...
I'm not going to get too inquisitive here, so lets simply use the numbers below. Please select the number that is most appropriate. I personally have made more than $100K.Over $1,000over $10,000Over $100,000Over $1...
Hey Everyone,Settlement is next week for my first flip. I have some questions about how our profit/ payment structure is setup, here are the details:--- 4 Owners in an LLC taxed as an S Corp--- Myself and 2 other peop...
My contact in KC offered me this deal. What do you think? 10338 Sycamore, Kansas City, MOPrice: $74,500.00Rent (gross income): $950.00/per mo.Property Mgmt Fee: $95.00/per mo.Insurance Expense: $45.00/per mo.Taxes: $6...
I'm quite shocked (and stunned) when I see how much is taxed on to my guest. Airbnb, for their fee, seems to tack on about 14%, then City of Seattle(lodging tax) tacks on 16%, plus another $4 per night. Then Airbnb s...
Hey BP. A few years ago I started working on a degree called a 'Masters of Real Estate Development for Architects' (MRED) at Woodbury University in San Diego after getting jaded in a traditional Masters of Architectur...
Hello, I am not a flipper and don't pretend to be. I was wondering though those that do, and have experience with it if there are any formulas you may use? or a rule of thumb on how much money needs to be injected in...
A newbie's dilemma: I am looking for an owner-occupied duplex, but the ones in the area that’s suitable for us to live are just not producing enough cashflows (the mortgage is a lot higher etc). The # on cheaper ones ...