Hello,I have recently started an LLC and have a personal house. I have 2 room mates moving in that will pay roughly $100 more than the monthly mortgage cost. I would like to take the rent payments in through the LLC t...
I'm working a W2 job right now and my employer offers a match in their retirement accounts. However, I was wondering if it would be better to invest in their Roth option or traditional option if I know I am going to b...
We have a few investment properties for several years. One in personal name, others in disregarded LLCs. Thinking through different exit strategies which include 1031s (traditional,) outright sales, switches into over...
I have a 401k from an old job that I am trying to gain access to for investing. The amount is roughly 24k. If I stay in the W2 workforce I will retire in 30+ years. Since I no longer work for that job, I am no longer ...
If you own a property free & clear or when calculating for a cash purchase, do you still calculate a vacancy expense when determining cash flow? Why or why not?Cheers.
I'm considering buying another primary residence and turning my current Residence into a rental unit. If i have an llc already set up to for my rentals then why not buy this new property in said llc so i can write of...
Hello everyone! This is my first post. I have been looking into the tax implications of converting my primary residence to a rental and have only grown more confused as my particular situation doesn't seem to be descr...
We are new investors and do free lance work. Are we still able to refinance one or more of our homes with a bank?
CASE STUDY:My wife and I are newly married. We both work full time as registered nurses in Orlando, FL, are looking to make our first investment purchase this year, and would like advice regarding our 10 year FI plan....
So when I google Real Estate Income Statement, none of them have depreciation or taxes on the them, like a normally company would.So where the heck is this factored in? Is there is a typical LP/GP structure, with an L...