Rich Riesmeyer
Seller financing and social security benifits...
As I understand it, if you have not reached full retirement age, 66, your social security benefit will be reduced if you exceed a certain earned income. Rental income is considered passive, so that does not redu...
Nicholas Patrick
Why all the hype around self directed 401k's
I'm not new to real estate investing, but still inexperienced. Why do people fawn over self directed 401k's. I mean, you get to invest in real estate tax free. That's absolutely amazing, BUT you can't start pulling ou...
Alvin Smith
looking to purchase first investment in 2018
I am looking to buy my first home this year and to buy my first income property next year. What are the basics when looking at a property to determine whether it may be good or not? What are the different methods to c...
Roberto Westerband
Switch Owner of Existing LLC to Self-Directed IRA
If I have an existing LLC, am I able to switch the owner to be a self-directed IRA? What factors need to be taken into account for a situation like this?
Luke H.
Tax Accounting for 100K Rental Property Remodel
Seeking help/advice on doing accounting on this major remodel. Tax Accounting for Rental 100K Remodel. In 2019 I started a remodel and finished in it 2020. What are the best ways to handle the expenses, rental income,...
Matt Daley
Out of State Investing? File a tax return?
I live in PA and have a PA LLC... I am looking at purchasing investment properties in NJ. I was curious if anyone who has done this has had to pay any sort of tax or file a NJ State return? I just want to make sure I ...
Jessie Xu
Bank accounts without an LLC
I'm currently mixing rental transactions with my living expense in the same account. I really should stop doing that, but I'm not in a plan to set up an LLC. How should I properly set up my accounts?Should I just open...
Kimberly J Hubbard
Managing Rentals - bank accts and programs
What is the best way to manage rental income and expenses. Should I open a bank account dedicated to my rentals. What program do you use to manage the record keeping?
Stephon Rhea
Capital Gain Sales Tax Question
Just recently sold my first flip. What is the current rule on being taxed for capital gain and how can I protect myself to avoid being taxed at a high rate? I've heard that if I buy another investment property within ...
Account Closed
Rental Property & Taxes
Very new to the real estate investing. We own 2 rental properties and own the house we currently live in. Last year, we only owed back around $100 for taxes. This year, our CPA is telling us we owe $4,000. We’re just ...