Could someone please put in layman's terms the tax advantages that a Real Estate Professional enjoys in real estate investing? Thanks.
A cost segregation (seg) study is a detailed analysis of the components of a building so that the separate components can be separated and classified into shorter depreciation lives. By performing this study, building...
Hello Everyone!We are looking to buy our first property within the next 4-6 months. Our plan is to use the VA loan ($80-100k) for our primary residence (looking for a SFH or duplex) and to also use a 30 year conventio...
I just purchased my first investment duplex at the beginning of this month. I know I want to buy more properties in the next couple years but for my first one, how can I setup an LLC for the best asset protection? Whe...
I have a deal that is much larger than my normal purchase.
Asking 3 million, I can buy for 2.75 million.
Seller stated they are not interested in owner financing any portion of the sale.
What are other options for ...
"Owner agrees to add Manager as an additional insured on Owner's Public Liability Insurance Policy and shall provide proof thereof to Manager upon request."This is part of a contract agreement i found on Rocket Lawyer...
Do any landlord associations exist in Utah? I'm planning to begin participating as much as I can in the UVREIA but I'm also considering a landlord association if one exists.
Thoughts?
Hi there all, I've been lurking on here for a little while, relatively new to real estate as I'm about a year and 3 fix & flip deals in. I'm going to be looking to get my realty license primarily to benefit my own...
I am buying my first property and plan on living in it for a few years and then renting it out. There are some things that need to be done and seeing as it isn't yet a rental property, it is my primary residence, I am...
If one owns their primary resident under LLC, can they write items off for tax purposes (upgrade of kitchen, bathroom etc) or would this be considered primary resident.