Jordan Roberts
Joe Biden Tax Credit Strategy
Ok, so this may be a long lead up, but I'm explaining the whole strategy here. I posted yesterday another topic asking about how cool banks are with letting your primary house sit vacant for 1 year, then using it as a...
Merrill Delimont
Reinvest my monthly rental income to avoid claiming it on taxes
I have recently bought 1 property, and am in the process of buying the second one. The first home collected rent December 1, and I earned 500 over what I owe. My second property should make 700 each month. My plan ...
Antoaneta Ortiz
LLC or Partnership?
Hello everyone!What is the best tax structure to file as a husband and wife team for real estate investing?LLC orPartnership
Dustin S.
Looking for a book keeper what Should I look for?
Hi all This maybe a little late in my real estate investing career but I am officially in need of a book keeper. I already have a good CPA but unfortunately he doesn't handle the monthly books. The book keeping has fi...
Alik Levin
Distribution to parent LLC is income but not child LLC expense
Dear all!I have a company structure where a parent LLC owns children LLC's that own properties. When I look at the books that I manage via QuickBooks Online the distributions from children LLC considered as an income ...
Raj A.
Should I setup a Delaware LLC for a property if it's not located there?
If and when the time comes, I know many of said it is best to setup an LLC for the property you intend to purchase ("123 Main Street LLC") for a variety of legal/financial reasons. I also know in general, Delaware off...
Ed Moran
High Net Worth Individuals - Tax Advantages/Best Practices?
Question is for folks that are 150K in earnings and investing in Real Estate as a passive investor and NOT designated as a "real estate professional. I currently have apartment complex (MFH) in FL and about to purchas...
Jess White
What rental REI expenses can I deduct while still a W2 employee?
I am currently still a W2 employee while building my real estate business out of My question is this, what can I write off on my taxes while I am still a W2 employee and not considered a "Real Estate Profressional"? I...
Peter Faulkner
Boutique Hotel Opportunity
I recently met with a CPA and he recommended I invest in a hotel for tax purposes. Longer story there, but I've since found a discounted hotel that seems to be a good opportunity. What resources, or people, have folks...
Marcee Stephenson
What software do you use to track rents and expenses? Any Quickbooks online users?
I have used Quickbooks desktop pro for 5+ years and have been happy with it. They now charge an annual subscription even for desktop versions. Anyone use Quickbooks online? Or are there other expense tracking softw...