I'm considering buying another primary residence and turning my current Residence into a rental unit. If i have an llc already set up to for my rentals then why not buy this new property in said llc so i can write of...
Here's a framework that you should know for tax planning:
The further you can push your taxes out, the smaller they become.The time value of money shows us that a dollar is worth more today than 20 years from now.Pla...
anyone have any experience how making your tenants pay this ridiculously high bill more palatable/ efficient??
Hello, Florida is NOT my home state, I have a rental property in FL, do I need to file FL state return? Turbox Tax prompts me to start a FLORIDA return but I am not sure if this is really necessary for out of state...
One thing that confuses me is when bidding do you get interest on the amount you over bid from the original owed amount or by over bidding are you lessening your profits?
Does anyone know a good resource for learnin...
I’m a fairly new investor, completed my first BRRR a year ago. My real estate business is under a LLC. I recently accepted a $10,000 business credit card with BOA and they are now offering a business loan for a vehicl...
I intend to borrow money from segregated rental income accounts that I have established for multiple parcels of apparently abandoned real estate that I control, but do not own. Does anyone know, of a law (State or Fe...
I am starting to crack down on my next investment property, and have been looking mainly in Milwaukee. I am living in Chicago but went to school in Milwaukee and I am somewhat familiar with the surrounding areas. I am...
I am trying to determine if it is worth paying points down on my mortgage refinance. Basically the break even point is 37-38 months and it's a property I plan to keep long term as a rental. So I see not real reason no...
I contribute to my 401K around $1500 every month before taxes. The company I work for contributes around $150 to it every month as well. I'm 35 and I have a 15 years mortgage for my primary residence. If I pay the add...