Melanie Baldridge
Know these rules before doing a Cost Seg
The tax benefits of bonus depreciation can lead to massive savings but losses won’t help one bit if you can’t use them.
Before you buy a cost seg, you need to know the rules:
Tax all starts with the types of income....
Account Closed
How does new tax plan affect REI?
So the new tax plan was finally unveiled and I noticed it curtails deductions for business interest, but there are "special rules" for real estate and small business. Can anyone confirm....are we still going to be a...
Eric Bilderback
AirBNB rental financing
Any AirBNB folks in here,
How do you qualify for mortgages on a second/vacation rental? For my next purchase I wanted to buy a place I could use as an AirBNB. Looking around I found this place I loved but it is fai...
Neil Ridens
IRA Custodian & RE Syndication
I recently used my Roth IRA through a custodian to flip a property and now have the cash just sitting in the custodian. Does anyone have experience with using a custodian to buy into a real estate syndication fund?
Brian Henry
Tax Advice - College Rental Property
I bought a property last April that my son and 2 college student roommates are living in. Getting ready to do taxes for the 1st time since purchasing. Do I treat the property as 1/3 second home that my son lives in ...
Jaime Arredondo
Buy First Property in Houston - Help Needed!
It is an exciting time for my wife and I because we are ready to start looking for our first property! Currently, we are living in an apartment and would like to find our personal residence before June. Plan:- What we...
David Boroughes
Maxed out on mortgages, now what??
Hi all, I own several investment properties and am always looking for more, problem is, I am now maxed out on conventional mortgages. Where do I go from here? I would like to add more properties to the portfolio and h...
Justin P Howe
Flipping as a business?
Looking at flipping as additional business. What is the correct way to avoid crazy taxes? Is there one?
Chris Logan
Looking for some Clarification.
My wife & I own an Air B&B, and run it as an LLC in a non-communal property state. I just want to make sure we are doing this right. My understanding is we need to file a 1065 to generate K-1s. If we plan on f...
Paul Gamber
Do I need a 1031 exchange in my situation?
Hello!I am very new in investing and am confused on whether I need to use a 1031 exchange here:I currently own a condo that my mother lives in rent free. I don’t have a mortgage on it. I bought it for her in 2016 for ...