Does your current tax advisor keep you updated with new modifications to the tax code?
NO POLITICAL STATEMENTS!President Trump's tax returns were subpoenad and then released to the public. What do they show? According to the LA Times, Trump is a "real big loser" because his properties all show losses an...
Am I correct in assuming that most investors do not have a storefront/office space where they conduct business?
Is it considered not necessary due to "virtual offices" and home-based business practices? Ar...
This is more of an Accounting question but the REI aspect of it does warrant discussion IMHO. I have a sizeable 401(k) that I would like to take a distribution on so that I can use it as after tax dollars in order to ...
I found a property near my home that is in a decent area. I live in an area where cash flow is fairly easy to come by but appreciation is low. The deal consists of two buildings on one parcel of land: a triplex and ...
Hi guys New to this forum and have been getting conflicting advise on this matter. This is a question on refinancing- If I own a property in a Llc company with lots of equity, I refinance, that money is classed as tax...
I'm reading through "Real Estate by the Numbers" -- awesome book! As I'm modeling out my second STR, I look forward to taking advantage of 80% Bonus Depreciation for tax year 2023, and claim that against W2 income.So ...
I understand that the loan origination fees are amortized over the life of the loan, so if you get a hard money loan and paid $3000 in origination fees, you would create an amortized asset with a 1 year life span, bec...
Hello everyone, I'm curious if anyone has insights on where to find loans of this nature. I recently completed reading a book on flipping and attended the author's webinar yesterday. During the webinar, the author men...
I am aware of people utilizing self directed IRA's to invest. I have read here that people use their 401k's also. I personally know of someone who uses his pension plan from a private company to invest with. Here a...