Edward Prochilo
Landlords : How do you own your personal/primary residence?
This may be a stupid question, but I am curious to know. I have never seen nor heard where anybody talks about this. As a landlord, how do you own your personal/primary residence? Do you personally own it and pay the ...
Kathy Scott
Short Term Rental Vacation Home
Investment Info:
Single-family residence buy & hold investment in College Station.
Big Oak Farmhouse Short Term Rental. Darling farmhouse that has been completely remodeled and is like a new home! This h...
Jodi Gauthier
Learning Lessons along the way-fix and flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $182,000
Cash invested: $74,100
Sale price: $335,500
We acquired this property off MLS. I loved how it turned o...
Thomas M.
Selling on Contract
I was approached by a friend to sell a house we're considering flipping to another person on contract. They have a large down payment (about 35% of the home's listing price) that they could pay us up front. This perso...
Robert Hastings
capital gains on rental prop?
i paid 25k for a house in december of 2016. i was offered 59k today to sell. that's a 34k profit. does my effective tax bracket when i file with my wife, effect my capital gains tax in this situation? i'm not looki...
Shane Humes
Strategy for transferring personal money to LLC
To get started in real estate investing, I am creating an LLC. In order to start, I will need to give my "LLC" self some money from my "personal" self for down payments, rehab costs, etc. I would like to eventually ...
Julio Gonzalez
Don't Overlook These 5 Tax Incentives!
Real estate investing can be very complex and while there are many things for investors to keep track of and pay attention to, make sure you aren’t overlooking these 5 tax incentives! You could be missing out on tax c...
Justin Van Riper
Self-employment tax
Can you get out of paying self-employment tax if you wholesale full-time? Also, what if this is not the only aspect of your business (also own rentals)?
Gary Kane
Investor From Jacksonville, Fl.
Technical professional working full-time ready to return to real estate investing. Have done a couple re-habs in the past, interested in the same as well as rental property. Have substantial IRA assets to work with, w...
Mike Hoherchak
How to Pay Yourself as an Investor?
Imagining the beginning of a R/E investors career, what does it look like to pay yourself as an investor? To add more context, let say you're a hustler and within the first year completed 2 flips, gaining $40k profit ...