My wife and I purchased our first how this year. It's a duplex and we are hacking it, living in one of the two units. One of the bedrooms in our unit is used solely as an office for our business-related work (or at le...

My wife and I are the sole proprietors of the business that that sponsors our solo 401k (unincorporated sole proprietorship).  That business will probably make a total of $30K in 2018.  I understand that this calculat...

Hello,I am still new to the real estate area. I am an out of sate investor and recently purchased a property in 2018. My property is managed by a small property management company of 2 people. They have asked me to su...

Can anyone shed light on how/if taking the standard deduction impacts rental property deductions? I run an unrelated business from home as a sole proprietor that will be impacted by the change, but my understanding is...

I've recently started working as an contracted assistant for another investor. I'm helping to find leads and ready the marketing material. I want to put myself into an entity for this position because I plan on writin...

My wife is a realtor (sole proprietor ) and has $0 income so far. I'm a full time employee. We usually file taxes jointly. Can we apply any of her deductions to our combined income? Or will her "business expenses" onl...

Hello guys I'm from New, Mexico I'm currently going on 4 months of being self employed. How will banks look at this. Will I still be able to get a good loan for a property. What banks are good to get a conventional lo...

I'm in Houston TX area.  I have 3 real estate businesses I started 3 years ago. 1)  Sole proprietor Fix and flip business: doing 15+ properties per year all cash with 6 to 9 properties in inventory.  2) Sole proprieto...

I was hoping I could get some direction from an accountant or someone with tax preparation knowledge. I am working on completing my 1098 interest forms. I have a situation where I have two borrowers (an individual and...

How easy or hard is it to set up an entity/business and obtain business credit? Specifically being able to use one's business credit to finance properties to be used as a primary residence or an investment property? W...