Namal Burman
How to reduce Real Estate Income from rentals for Tax Purpose?
I have two rentals along with primary residence. Now the rental income is increasing my tax burden as an income. Any strategies i can use to reduce this rental income? Should buying another property would help? Any po...
Carl N.
1031: lower cost replacement property
I am trying to understand what my potential tax implications would be in this example scenario.1st property purchase:$600k with $150k down Sold for $932,5002nd property:Purchase price $1,925,000$385k down Sold for $2...
Zach Neff
Newbie to Real Estate Investing - Help
Hello everyone,
I am a "get to the point" type of guy so here it goes. In 2016 I bought house in Scottsdale, AZ. My first home at $300k. Credit / Income - everything was on POINT! Now it's 2020 and this 268k purchas...
Troy Welch
MLS Description says "Income producing"?
This is a quote from a description on a $150,000 duplex "INVESTORS....Income producing property. Each unit is rented at $700.00 per month"It is 1008 sq ft, not on a large lot or in a growing area.I see this often and...
Brandon Brown
Owner Financing by a family member
Can a family member owner finance me a home with 3% down and 0% interest on a 6 year term? She was told by her attorney that it has to be at least 5.1 interest rate
Jay Pillalamarri
Need to show 250K loss. Strategies?
I'm doing tax planning for the next year. Looking for strategic guidance from an investments standpoint (of course I'll work with my CPA on the details)-
1. My individual taxable income in 2021 (after all deductions)...
Miguel Ochoa
Do I have to pay taxes on CA rental income if I move to TX?
Hello all If an investor has a few rental properties in California and decides he wants to move to a tax free state like TX how would the income generated from the California homes be taxed? And would you be able to w...
Jarid S. Johnson
What Is Your Experience with SD-IRAs?
Ok, now that I have a number of trustees to research, I'd like to here from or talk with someone who has an SD-IRA. The prevailing wisdom has often been, "don't touch your retirement money to invest in real estate."As...
Douglas Goldstein
Cash out refinance will turn cash flow negative?
I'm looking for ways to finance my next purchase. I'm could do a cash-out refinance on a rental I own since the LTV is 57%. Currently, it has $150/month cash flow. If I refinanced to an 80% LTV, I could get $180,000...
Ryan Pozzi
Cash Purchase vs Conventional Financing
Good evening from the Midwest! I've come to ask for feedback while acknowledging that I'm early enough in my journey that I can't yet offer much in return other than gratitude and it's hard to pay the bills with grat...