Hello-I am 35 years old, married with two small children (4 and 3). I'm in year 2 of my business (not real estate related), and am projecting to NET over 1 million dollars this year, pre-tax. My plan is to first and...
Hi there, i'm a non-resident Alien (British), investing in USA. I'm wondering if you have pointers, people or ideas for maximum tax mitigation as an NRA?
My situation and current strategy:
- my foreign company will...
Hi all. We have a 46 unit complex that is ready for a reposition. The location is superior and the density will probably allow us to end up with 64 doors when we are done with the project. Our MSA is in serious need o...
I'm in the thinking/planning/structure phase of an idea.I've got a company located outside the USA that has some money, would like to use that money to purchase property (ideally commercial 5+ unit residential buildin...
Hi everyone.
I'm an out of state investor with one house in New Braunfels, TX. My vague and miniscule understanding is that electricity is handled differently in Texas than other states. That being said, I've been he...
So, I spent the morning with a genius, Investor/Hotelier. During this meeting discussed the use of Industrial Revenue Bonds.
I have placed Industrial Revenue Bonds for local Industrial clients, but never
he...
This is something I suspect many are seeing more and more. It is the case in my investing area, and I have people in other parts of the country reporting the same thing.
The banks are apparently switching gears and i...
Do you recommend forming and LLC for each property separately? Is it worth the cost? Also, am I correct if an LLC is registered in a state that has no state income tax I won't have to pay income tax on the rental inco...
Hi All,I was looking at a potential property in Evansville, IN and saw a credit in the property tax that said "Res/Rental, Cap 2" and gave a credit of 832.44 towards the tax (pictured below). I was curious if anyone e...
Hi All,I am currently a new investor and interested in investing in Richmond VA. I discovered that the Manchester Neighborhoods in south side of Richmond VA is an up and coming neighborhood. I am curious if anybody ha...