Hey guys,I am 21 years old and I currently work 2 jobs, 13 hours a day to be able to save money to invest in real estate. My brother and I just started up our own LLC and we want to start it out by flipping houses to ...
The 800k have all been cashed out from stocks and are all short term gains. Should I buy several multi family houses in this economy that might experience a recession, and cost segregate it to lower my taxes? Or shoul...
I try to be frugal and dedicated.I read books on the tax benefits of real estate. I then filed my first year with TurboTax and was all of a sudden surprised. A lot of tax deductions didn't apply to me due to my income...
My relator recently told me that if I used my VA loan, it would cost more the next time I use it. I don't really understand what that meant. Can anyone explain that?? She suggested I use the USDA loan instead. What ar...
Hello my name is mike. I am from nj and the nyc areas. I am getting into real estate for the potential financial benefits it has. I’d like to take care of my pops (has ms) but if he doesn’t make it in the next few yea...
Is there a benefit for a flipper to create a construction company and have your holding llc pay your construction company llc to pay the contractors?
Hello Everyone,I am highly motivated, determined, and focused to make Real Estate investing my full-time career. To be truthful I want to create a lifestyle not only for me, but for my children's, children's, childre...
As a residential developer who spent twenty years as a CPA Partner in a large local accounting firm, I rarely post much on the various real estate websites. But, in light of the acts that the GO-Zone tax benefits will...
Hello,I am looking to buy my second property this year and want to put it under an LLC. Any recs on companies that help form LLC formation, business structure and estate planning services? I want to make sure I form i...
As a first time home buyer and single, how can i maximize the tax benefits available to me if i decide to buy a 4 unit/multifamily house that is worth $2 million and property tax of about $30,000 per year?
Will like ...