If you’re new to personal finance, investment accounts can seem complicated. The terms, the lingo—HSA, Roth, IRA, 401(k)—these may seem like letters in an arbitrary order, but using these retirement and investment acc...
Want to pay less money to the IRS in 2024? We’ve got the real estate tax strategies to help you do just that. And get this—you don’t need a large real estate portfolio to benefit from these money-saving tax tips!
W...
Jeff G.
Borrowing vs Paying Cash for residential development
Hi all ...First stab at residential development, and I'm working on a small, 14-lot neighborhood of all SFHs. The design and permitting is complete, and we're awaiting the 4th and prob final contractor to submit their...
Bill McCoy
tax consequences of "short sale" on private note?
I held a private deed of trust (5 years, balloon payment) in a friendly transaction but it was all properly recorded, etc.. I agreed to effectively a short sale: mortgagee sold property and I received all proceeds, wh...
Jeff Oberts
Cash flow into separate account?
Hello, do you separate your cash flow into a separate account from your reserves for repairs, cap ex etc?Thank you,Jeff
Max T.
Looking for tax return preparation services
Good morning everyone,I'm writing from snowed-in Philadelphia. My long-time tax preparer's health has taken a turn for the worse. If you know of anyone who is adept at handling tax preparation and are in the Philly ar...
Yu Xiao
buy a home, build a DADU, sell both units after DADU complete, tax saving strategy?
If we purchases a home as an investment property, build a DADU, and sell the home and DADU (around 12 months after the purchase), what's the best strategy for tax saving?My partner and I are both on the higher end of ...
Lane Criss
Tax Advisor Recommendations in Arkansas
Hello,Does anyone have any tax professionals who also offer consulting advice? I'm looking for someone who knows about real estate investing and can help me get the most tax benefit from my investments. Also, has any...
Sergey Kalina
Tax Question House Flip
Hi,
This may be a silly question, but I was told by a couple people that not all the money you invest in a house flip can be deducted.
ie. I'm finishing up a house flip and have done a full gut on the project. Would...