Chris Lounsbury
Turbo Tax Question about NonResident State Return
Filing State portion of Tax Return currently. One property had a positive income of $3k. I bought a second property and we did a bunch of rehab to it, so I had a loss of $12k. When I put both of these into the sched...
Todd M.
Personal or Corp loans to Real Estate LLC
Hello,
Seeking opinions/insight into "loaning" from one of my corporations to another from a tax perspective:
Quick Background:
I have a C-corp for software development business. I have an LLC for my real estate bus...
John D.
Entity Creation, Bonus/179 Depreciation, and Offsetting Same Year Income
We need some general input on getting started from the ground up with a decent amount of money to initially invest from the current tax year. We operate a professional two-owner LLP unrelated to real estate (other own...
Brandon Cooper
Income Tax in CA
Question number 1 Here in California our income tax is pretty high, so I am curious what investors do with their income. Let's say I have a cash flow of 10k a year and my income tax rate is 25% Would/should I set asid...
Justin B.
After Seven Lean Years, Part 1: US Residential Real Estate: The Present Position And Future Prospects
The broad context of this analysis is straightforward: an economy based on ever-rising consumption falters when real household incomes stagnate or decline. Real income for the bottom 90% has been stagnant fo...
Robert Lee
Can you "pay" an onsite prop manager in reduced monthly rent?
Hey Guys,I am a partner of an LLC that has owns and operates investment properties in Caifornia. I also manage the properties while living in one of the units.I currently receive a property management fee which ends ...
Matt Smith
LLC vs. no LLC: tax advantages?
I own several rental property and I am of course taxed on the rental income as my regular revenues.If I set-up an LLC and place all those properties under, would I have a reduced tax rate?
Dave Godfrey
Self-Directed IRA approach to RE investing
Anyone have experience using their Self Directed IRA for a real
estate purchase?
I have some $ just transferred to a SD-IRA. I am looking to use the funds for a purchase. What vehicle would you sugge...
Terri David
Correct Me If I'm Wrong - SF v. MF
I am currently a SF investor; however, been hearing for years about the advantages of MF/apartments. I think I may finally understand why - based on my experience. Kinesthetic learner, hands-on experience teaches me, ...
Trevor Hatchard
Corona Related Distribution (401K Distrubtion)
Hey y'all,
Looking for any help and advice with this process, I want to use my 401K Schwabb from my previous employer and reinvest it into a multifamily property in southern california. I understand this takes creati...