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Tax Saving Strategies in Real Estate Investing
As an experienced real estate-oriented CPA with clients that invest in most real estate markets, I often get asked for strategies in saving money on taxes that apply to clients investing activities. Here are some key ...
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Pros and Cons of Using IRA to invest in Real Estate?
I plan on using my Roth IRA to purchase my first rental property. I keep hearing both ends of the stick, good idea and not a good idea. Anyone knows if this is a good idea or not and what are the pros and cons?
Joshua Scott
Note investing tax question
Good morning all. What is taxable in note income and what is tax deductible? Trying to figure out taxes for my business and how to list it in my ledger. Thanks.
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Unlocking Wealth: Leveraging Backdoor Roth IRAs for High-Earning W-2 Employees
For W-2 employees with substantial income, navigating the financial landscape becomes strategic. Understanding the nuances of Backdoor Roth IRAs can be a game-changer in optimizing wealth-building opportunities. Let...
Shalanna L. Pirtle
Questions, Questions - what is the best buy-and-hold strategy?
BP Family, deciding which route to take to take to acquire a rental property and would love your two cents. I live in Charlotte, NC and own my primary residence in the fastest growing region of the county. I am debati...
Tatyana Shevnina
combining section 121 gain and 1031 exchange
When combining section 121 gain and 1031 exchange, can you take out the section 121 gain or does it have to be included in the cost of the replacement property?For example, relinquished property is sold for $800K with...
Warren Golston
My First House Hack! (Introduction to Real Estate Investing)
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Portsmouth.
Purchase price: $258,000
My First househack using 0 money down VA Loan and introduction into real estate investin...
Vaishal Patel
Isnt real estate profitable most of the times if you have the cash?
Ok here's wat i think.Lets say i have 250k in cash and i am looking to buy a investment property for 250k. since i am buying it with cash i dont have to worry about mortgage.I buy a good property in a good neighborhoo...
Robert Steele
How do you tax shelter your cash flow?
In the beginning it wasn't too hard. The property depreciation would usually shelter all the income from my rental properties. Now that these buggers are getting paid off the income is increasing and the depreciati...
Samantha Kay
Maximizing Tax Benefits of an LLC
Newbie here!
We have a secondary home we plan to start to use as a STR next summer. The home is currently in our name and we have a conventional mortgage on it.
-For those with a house in your name, do you have ...