I'm looking at the P&L for an apartment complex I'm considering as an opportunity to bring private money investors into - however, this is my first time doing a deal this size and I'm curious what I should do in m...
I was listening to a recent podcast, and the guest indicated he would advise liquidating IRA/401(k) acounts, transferring to a solo 401(k) and then investing in discounted real estate notes. He also advocated not...
I am interested in using my current IRA funds without tax consequences of early withdrawal. Iam curious what custodians are recommended for checkbook self-directed IRA's. Looking for those who have or are currently...
The main benefit everyone's raves about, in regards to using an S Corp to flip properties, is being able to funnel some of the profits as "distributions" and limit self employment taxes.
However, in my situation my ...
Hello! This question is for full-time real estate investors who do not have anyone in their family receiving a W2 (i.e. no employees).I quit my "W2 job" in December 2018 and our family now manages our real estate full...
It's 2024, Rates have been eating at investors. 99% of listings have tenants underpaying rent by 50%. Sellers are giving 3CAP. Counties make it insanely hard to catch up to market rates.Is it too much to expect a 6CAP...
As I embark on this RE journey, I see on the forum that most people take it for granted that financing is the way to go. What if you have enough cash to purchase a property, are only getting deferred tax benefits from...
Hello,
We are learning more of the in's and out's of depreciation, trying to decide how to handle depreciation on some properties.
Basically:
* Our AGI is past the point where we can deduct any passive loss carryo...
Hello all,
I currently have sufficient income through my small business, good savings, but lack of taxable income and credit due to being self employed (taking deductions) and being 19 (lack of credit history...
How do you calculate debt to income ratio when you have rental property? Are we using gross rental incomes or net? I own two 3-unit buildings in the Chicago area and live in one of the units. Total gross rental income...