So today I called my CPA to let him know that I’m going to be buying rental properties in the near future. I Wanted to get some insight on some of the tax breaks I would be getting for having rental properties, he ...
We have 2 options now that we're selling our home and cashing out enough money to pay our daugher's college fund. We have a 403B account in my wife's dad's name that is over $300K that is only drawing 3.5% interest. S...
I own a investment property that is 100% Owned by my LLC after paying back the loan. Now the property in Indianapolis is cash flowing $700 per month. Is this tax free?
Hi all-I purchased a condominium in Scottsdale, AZ almost 4 years ago for $65,000 with my mother's estate money. My brother has lived in it rent-free for that time. We put it in my name because he had a collection age...
So this may be a dumb question, but I'm having trouble finding the answer or maybe it's just not clicking. I know in Missouri you buy the tax lien and the owner of the property has 1 year to pay it back plus simple in...
Hi there,Just got 2 supplemental property tax bills for a house I purchased earlier this year in CA.Anyone know if lenders typically allow the use of the money from an impound/escrow account to pay for these or on my ...
Hello BP Community,I am new to all of this and I am still in the learning phase of REI. Been reading a lot (rich dad poor dad, etc.) and listening to the Podcasts to try to find which niche would be a good fit for me...
Can a self storage facility owner/operator qualify as a real estate professional if it is their full time occupation, and meet the 750 hour material participation and greater than 500 hour rental real estate activity ...
Hi there, If you purchased and rehabbed a property with cash and then owner financed the sale. Is any of the purchase or rehab money tax deductible on the gains from buyers down payment/monthly payments.
I went to the local real estate investors meetup this week.
The featured speaker was talking about tax deed sales. He claims he became a multi-millionaire through tax deeds. He also said he made dozens of his students...