Javon Gordon
Using 401k for investing
I have about $125k in my 401k from my job in which I do not plan on waiting until I'm 59 to withdraw or to retire. Is it a good idea to use some of that money to purchase some properties?
Scott Van Straten
First investment purchase... Tax Value vs Market Value?
I am about to put in my first offer on a Multi-family Home. I have ran through the numbers over and over and have found a property that I believe maximizing my Cash for Cash returns with the least amount of risk, in ...
Clifford Firthh
Cash, rehab then owner financed sale
Hi there, If you purchased and rehabbed a property with cash and then owner financed the sale. Is any of the purchase or rehab money tax deductible on the gains from buyers down payment/monthly payments.
Jack Filo
Cost of LLC tax and fees in Tennesse
Hi Memphis Real Estate people,My name is Jack, and I am in negotiation for a property in Memphis. The property will be under an LLC. Does anyone know what is the annual fee for the LLC Holding in Tennessee?Do you know...
Feras Saffar
Tax deduction for maximum refund
Hello investors, I am new here.
How much tax deduction can someone get back from IRS after doing some renovation or not? Do you think a real estate CPA can get back more tax deductions than a normal CPA?
I appreci...
Michael Raegen
Looking for Tax Accountant recommendations
Hi All. I am hoping to gather recommendations for a tax accountant to help me with tax strategy to help reduce taxable income among other support. I am a full time engineer "W2" worker and have been an active licensed...
Daniel Keren
Help With Reinvesting Future Profits
This is my first time in the real estate world I somehow found myself developing raw land and building anew construction home. Still don't know what I'm exactly doing, but I'm learning quickly haha. Things feel like t...
Eric Zawadski
Partnership Tax Question
My brother and I “co-own” a triplex we just bought. Technically I own it, but we will be splitting all expenses, mortgage payments, rent, etc. All of the rent goes through me first because I am close to the property a...
Andre Olsen
Cash for down payments
Hi all,
Hopefully posting in the correct place (newbie). my partner and I are looking at investing. We make 120k gross income and an additional 50k in cash tips. Couple questions:
1) Can we use cash for down payme...
Brandon Harris
HELOC on Primary - Lender that will include rental income in DTI
Hello,Does anyone have a referral for a HELOC that will fit my situation?I am looking to get a HELOC on my primary home in Oregon. I was in process with a lender, but they won't include my Schedule E rental income in ...