It is my understanding that the tax advantages of an incorporated real estate holding company for buy and hold investments do not kick in until there are at least 5 full time employees on the payroll as this is the po...
Hello!In 2022 I purchased a real estate course and am wondering if it's possible to write it off on my tax return. I have just one investment property that I rented out Feb-Dec of 2022. Other than that I am a full tim...
This may be obvious, but I couldn't confirm in my NOLO deduction guide so asking here: I know I can write off the advertising costs associated with advertising my rental property once I own them, but can I deduct the ...
New to RE investing , can I claim taxes fees on RE mentor/coaching, including Real-Estate software system package as RE start up Business cost?
New in real state
I have a large sum of seed capital from REI available for further investments. What percentage of my seed should I utilize on startups, compared to reinvestment into real estate? I would like to diversify, and I hear ...
The chances of startups succeeding may be a bit less than investing in a company that has a proven track record but has anyone invested in a startup tech company or any kind of startup at all? Sorry, can't really dele...
Hi all,I'm taking action to flip my first property this year. And, I also intend to wholesale - both as a means of building up capital which will then be used towards buy and hold properties. With that I have already ...
Hi, I realize that I need to speak to a CPA but I am trying to figure out as much as possible before I do so. Any help is appreciated. In 2016 I started a single member LLC. I purchased a property in June but it was...
I have wanted to get in to rentals for a while. Kept dragging my feet. Now I have to move and plan to rent out my current home.
Question- I planned to replace my front windows. Now I wonder if these could be claim...