Situation:
Two old houses have been demolished. We have enough land for a 25-unit apartment. The costs have already accrued for the demolition and permit for the new apartment is approved. The improvement cost includ...
Hello my name is Clint. My friend and I have been talking about this Idea that I came up with 3 years ago while I was renting a room in a 100 year old house. I wanted to buy that old house and remodel it to be six sep...
If my deductions are greater than the income generated from my property, how does that effect my tax liability?
Does it decrease the total amount of taxes owed? Or does my tax liability stay the same?
My partner/rock in roll sista @Colette Chase and I bought two properties this year and wondering how to best setup our company structure for best liability protection, tax benefits, etc. We just registered an LLC in ...
You are Not Alone in Your Real Estate Ambition.Every single person in real estate completed their first deal with huge trepidation. Over the years, I’ve asked many real estate pros about their 1st deal experience. Al...
Hello All,I'm a young designer looking ahead at my career and wondering if there is a more profitable path for me outside of the traditional architectural practice. Currently I design architectural projects of many si...
Real estate investment is a popular way to build wealth and secure a stable financial future. Whether you’re a seasoned investor or just starting out, location is one of the most important factors to consider when inv...
If you own rental real estate, there are three different ways to treat your rental losses depending on your status. One of these is "Real Estate Professional."
First, let's dispense with one myth: Real Estate Profes...
Can you still be considered a real estate professional while using a management company for AirBnB? I want to use the losses to offset my W2 income. Thanks
Hi,I am an ambitious 17 year old looking to create financial assets and stay out of debt. I am looking to becoming a real estate agent right after highschool, so no post secondsry education. I would then save money fo...