Anna Freitag
Logistics for Using Foreign Trading Account Money for US Investment Property Purchase
I am working on a deal with a partner currently to purchase another property for a midterm rental. My partner has roughly 180K in a trading account based out of the UK that he has not been doing anything with for the...
Sterling Britt
Rent to Income ratio?
Is there a number you guys use for monthly rent to income ratio when evaluating prospective tenants? I was told gross income should be 2.7 times monthly rent.
Jennifer C.
Need a RE Tax Strategist & Mentor & Possibly Partners
Hello Big Pocket People,My husband and I own a 2-Family property in Brooklyn NY. We have one more year before losing our cap gains exclusion. We moved to Denver for my husband's job two years ago.The appreciation in B...
Mark Tanner
Tax Question With Big Impact
How can we apply real estate losses from prior years to offset current year non-real estate income? I assume we need "real estate professional" status, but 90% of CPAs I have talked to (all with real estate clients) s...
Babu Ramadoss
Why should we do 30 yr when compared to a 15-yr mortgage ?
Hi
I understand that people advice higher Cash ROIs to evaluate a rental (investment) property so that you will have cashflow. However, I am wondering why is it not a good option to go for short-term loan so that...
Franky Rodriguez
Managing Cash Flow in REI
When earning money in rental property investing, where do you hold your earned capital? I’m just starting out and am not sure if I can put in a business checking account, SDIRA, or regular account. I plan to draw mont...
Frank C.
Military member selling home in NJ, TAX question?
Hey everyone, I am a investor with experience in SC, NC, & TN. I have a fair deal of experience with the real estate laws/codes in those states, but I have a colleague ask for advice today and I am hoping that you...
Laurie Cundiff
Tax benefits of investing in rental property in Solo 401 K
We are buying rental properties within our Solo K. Can someone tell me what the tax benefits are to doing this? I understand that closing costs, interest, insurance etc. typically are deductible expenses in general,...
Chris Kendrick
Flip tax question
So when you flip a house and make profit from it, you basically getting tax alot, like around 40 percent, is that correct? How are all these people flippers making money , i assume that there ARV is really good then t...
Dustin Ruhl
Investment Property Tax Deductions List for [market_city]
ForUncle Sam gives, and Uncle Sam takes away.But in the case of buying local [market_city] investment properties... you can earn investment property tax deductions for real estate investors, the United States provides...