Hi all,I started a LLC in 2018 and didn't make any money on it.Do I need to list that on my tax returns?Thanks,Ben

hello all Craig here from MN, I'm here to network and share ideas

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Have an outstanding day!
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I know there is no universal way of structuring flips, but how do you normally pay out your investors for a flip? Duration 6-12 months. Raising $365,000. Am putting in $75,000 of my own money. Do you pay out an annual...

I saw in a book sometime in the past that had a worksheet to help determine if a rental would be profitable or not. I cant seem to find it.

Does anyone have a worksheet that they use to determine if the numbers work...

First, depreciation is a short-term benefit. It puts extra money in your pocket every year while you own the property. But, when a property is sold, previous depreciation deductions taken from the property will have...

Simple answer might be: consult CPA / get one. I'm trying to see if there's a rule of thumb of sorts.I recently rehabbed a home late last year, and spent a lot of money doing it (it exceeds my income from my normal jo...

Can I report a loss for a property I haven’t rented yet because I came across items that had to be fixed ? This property is just now being put up for rent almost a year later because of items that came up and slow con...

Greetings fellow investors.
So I have a question. I own a investment property that is valued at around 800k. I own it free and clear and I'm thinking of selling it. I really don't want to do a 1031 exchange so I'm l...

Can depreciation taxes be avoided by performing a 1031 exchange? 
Thank you,

Hello! I am currently 33 years old and most of my investments are in the S&P 500 as well as other index funds. I am considering selling some of my stock (between $50k and $100k) to put a down payment on a rental p...