Nick Ragland
Rental property question!
I bought a house 2 years ago and have 3 roommates that are helping pay the mortgage. Can I consider this a rental property if it's my primary residence?
Jose Leanos
ADU Long Term Rental vs Airbnb tax write offs
Hello, I am a newer real estate investor from California. I have a question regarding the tax write offs of a long term rental vs an Airbnb rental.I am just about finished converting my garage into an ADU for a total ...
Account Closed
I doubt you can answer this...
I have two tax questions:1. Last year I earned income from 1099's as well as business income. Is it more advantageous for me tax-wise to apply my deductions to the 1099 or the business income?2. Last year, I made seve...
Alex Sanchez
401K and DB plan reduce income tax through cost segregation
Before exploring this concept with a qualified legal and tax professional, I wonder if any of the community has anecdotal experience around taking a distribution from a 401K and balancing the earned income taxes with ...
Theodore Smith
Looking for tax pro w/ in-depth knowledge of Sec 121 exclusion w/ business use & QJV
I had posted a few months back about a possible sale of our property and we are now looking for a tax professional as we have closed on the sale. We live in rural Montana and while there are some agents / firms in th...
Uri Katriel
Appraised Value by sheriiff
Hello, I'm very interested in buying foreclosed houses. I came across some intriguing offers and I'm curious about how the appraised value is determined and how accurate it is. For example, if I find a house listed at...
Cody Shepherd
Tax - STR - Triplex
Hello Investors! Looking for insight. I am currently househacking a duplex i purchased in March and remodeled. I live in one side and rent out the other. During the remodel of one of the units I closed off the entranc...
Annie Balagot
Cost segregation analysis and 1031 exchanges - need help
We did a 1031 exchange (our 2nd) and sold a $900k condo and bought 2 single family homes ($660k & $490k) totaling around $1.2M. the original basis of the relinquished property was pretty low. I want to do a cost s...
Greg Felt
Finding cap rates on multi units if not given
Many times the seller won't give out NOI or cap rates if I don't give out my financial info.
How do I get that info quickly to sift thru the loser deals?
Thanks for your help!!!
Matthew Botelho
Tax question on positive cash flow
Hi BP,I have a tax question about positive cash flow money on multi family houses. If I'm making a positive cash from a multi family house and if I continue to keep that money in a business account and don't clam it a...