Likun Mishra
Investing in Saint Augustine beachfront property
Can someone tell me whether St. Augustine, FL beachfront homes are good long haul investments, and if so which areas in St. Augustine will have steady short term rental occupancy? We are looking to use the home for v...
Senad Salihovic
What Role Does Your 401k Play - Long Term Rentals
Hey everybodyI am wanting to know what role does your 401k play when it comes to investing. Do you use it as reserves when getting a loan? Do you still contribute to it?What benefits does it give when buying rentals? ...
Mason Anderson
How to be a RE millionaire...
Hello everyone,Im a young investor with big ambitions. Im currently involved in wholesaling but it occured to me that many wholesalers are not where I want to be in 5 years. So I thought to myself, who are the Real es...
Catherine Javier
Best way to Lower Tax Bracket by Adding my Father?
Hello everyone, I am a rookie and need some light.My spouse and I are recently closed on a LTR under LLC. Both of us are w2's with AGI >150k. We have read that even if you're an active investor, if AGi >150, th...
Marc Littmann
The Fair Tax
This is my first forum question, so thought I'd start out with something light, such as tax reform. I just re-read "The Fair Tax Book" by Neil Boortz and former Congressman Hal Linder. Has anyone read this book y...
Kelly G.
Seller financing: Qs from the owner . .
I will be looking to sell my SFH in Milw soon. Have lived in it > 2 years - so I can take the tax credit - expect sale around $215K. No mortgage - owned free and clear. Also likely to sell as FSBO (w/ mls listi...
Derek McGillicuddy
Tax returns question
I’m looking for some advice. How much does one property reduce your state/federal income taxes? How much does 2 properties reduce it? I know this is a largely variable question, just looking for advice/ guidance, if i...
Earl Howard
Paying off which mortgage first?
I'm seeing that is pays to actually pay off a mortgage of course. but My question comes from a tax stand point:If you can pay off a mortgage which one should you pay off first?Rental that has income coming in? or Your...
Jeff Wright
First home, over half equity, sell it or rent it?
I'm in my first home purchased with my wife and flock of kids but am about ready to sell it. However long term hold is looking pretty darn attractive. Could sell in great market now, or refinance for funds and rent i...
Yawiney Yawiney
Capital gains question
I'm about to make over 500k on the sale of my home. It's been owner occupied for the past 2 years and my income in '18 and 19 has been very low. Under 20k.With that low income, can i still be charged capital gains?I...