I asked a similar question earlier today about putting a rental property in service and deducting the costs of the rehab on Schedule E. Okay, looks like I can't deduct the make ready costs and I can tally the improvem...

Hey friends, this may be a silly question. But if I set up an LLC (to buy rentals in the future of course), can you buy anything in the name of the LLC if it is business related? The exact example, could I set up an L...

Hey all, bit of a hypothetical question here, but would you be worried if Carson's 15% flat tax would be adopted at some point? He said there would be no deductions...which would obviously have a huge negative impact ...

For background I recently purchased a 5bd/2ba in Denver which I plan to live in myself (got a 5% down no PMI HomeReady loan for it)  as well as rent out the remaining 4 bds by the room. Plan is to rent 2 unfurnished/6...

Hello PB,My Partner Mike and I (Chris) are moving steadily through our first deal. We acquired through seller financing a two-story mixed use commercial property totaling 8,000 sqft, located at 77 South Street, Bethe...

One of my biggest expense as a self employed Realtor/Investor is health care.  I do not have a company sponsored plan.  I am looking into setting up my own plan.  I can get a small business plan and include my 1099 em...

Hi All,

I am trying to work the numbers on a deal that I am interested in and am curious as to what Capital Expenses I should average into my long-term costs? For example: if the roof is already in good shape, should...

Has anyone used HSA's and if so, have you self-directed it and invested in RE? I have just recently come across this type of account and find it to be very beneficial to RE investors. It is similar to an IRA (which ca...

I currently live in a Duplex that we house hack, living in one unit and renting the other. This was purchased in December 2023 and I am trying to Tax plan for the coming year.1. I have heard from others that you shoul...

I am planning to take mastermind courses for real estate investment business. Different programs costs $2000-$13000, yet to finalize. I wanted to know what's the best way to go about it so that I can tax write off tha...