Jackson Foutch
Office to Multi-family Conversions, How To Combat High Vacancy Rates
With the current state of the CRE market and large office vacancy rates, my team and I have found a solution to combat the upcoming pain in the office building market. Our company, Foutch Brothers, based out of Kansas...
Jack Thanadabouth
Out of State Rental Tax Q's
Hello,I live in SoCal and purchased my first duplex rental in Green Bay, WI June 2016. I didn't put it in an entity and it's tax season. What do I need to do to prepare to file my taxes? I know I don't want to file it...
Ken Latchers
What Gives with the Insurance Companies??
I always know that getting insurance on a property was a pain. Now:
-- the statewide rates went up 23% in one year.
-- the last duplex I got, they would only insure it for sales price ($46K), not replacement value
-...
Evan Loader
Depreciation recapture question
I have yet to experience depreciation recapture, since none of the syndications I participate in have exited.My question is this. I have had paper passive losses on all K-1s filed with no passive gains to offset(I’m a...
Angie Brown
What effect will rental property have on my personal income which is over $150k?
Hubby and I purchased one duplex 6 yrs ago. After mortgage payments/insurance/taxes/expenses. We are at 0 profit at best, some years have been at a loss which helped cut our personal taxes.
Want to purchase 2nd pro...
Josh Dickson
How to reduce the maximum amount of income tax for a wealthy individual.
Hello all,I've been flirting with real estate for a long time but due to my low earning potential, thus far I have never felt comfortable taking on the risk. My brother, however; is a lawyer and earns around 700k a ye...
Sean Nelson
Buying Real Estate to Reduce Tax Burden
Newbie here. Im fascinated with the depreciation aspect of real estate and I have a question.Lets say I own a few different non-real estate related businesses. And my earned income from those businesses equals about $...
Jeff Tumbarello
Citi's RECLASSIFIED balance sheet
Check out Citi's quarterly balance sheet - they're down 120B in assets, have reclassified ALL prior year quarterly/YE balance sheetswithout saying a word as to why.
Heck, just watch the Q3/Q4 blowout of the TARP moni...
Nathan Gesner
Are you keeping up with the market?
A study by Corelogic reveals rent rates for single-family homes was up 11% from 2020 to 2021. Cities like Phoenix, Austin, San Diego, Orlando, and Las Vegas saw rates increase over 15% last year.If you rented a house ...
Shervin Mirdamadi
Write offs and qualifying for a loan
This question pertains to an investor who has limited income on w2. If after your write offs on your taxes you are at a loss on your rental property income ( the property has a mortgage) and the time comes where you a...