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Hi BP, I've saved $60K for a down payment for a duplex/triplex, that I'd live in. I'm looking at properties in my current location of Westchester, NY however the high prices and property taxes are a turnoff (should th...
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Hello to all my fellow vets! Just another grunt wanting to pass on some valuable info I came across. I see a lot of people asking about LLC's and when to use them but I also see that they can be very expensive to u...
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Wife asked - When applying for a EIN number for a rental property in Texas what type of business should I use?
And I add thusly, Prop. Manager requested a W9. If you have only one rental unit for now can you prefer t...
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Need advise. I am looking to buy a single family home in bay area. Homes are so costly here, 750 to anywhere over million . If I buy a home in bay area, all my savings will go into making 20% down.We have immediate fa...
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I currently have 15 rental units (combo of SFH and multi) and today will announce my "retirement" at my J - O - B. The question I have is about using 2-3 SFH valued at @30k each to do a 1031 exchange and take that mo...
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Hello Community
I am starting a new corporate job, and I am looking for some advice. The employer has a 401K matching policy, and I would want to take advantage of that. Being younger and an investor, I think I wou...
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Investment Info:
Single-family residence buy & hold investment in San Diego.
Purchase price: $355,000
Cash invested: $90,000
Sale price: $439,000
Purchased a 2bed/2bath condo in Pacific Beach...
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If you're weighing between purchasing a primary residence and renting spare bedrooms versus buying the entire property, which is more tax write off advantageous. In either case, the idea is to do the short term renta...
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Hi There,Just wondering if there is an advantage or difference between filing taxes using a Schedule E vs using a Schedule C. Could someone please help clarify?Thank you in advance for all your help!Rich
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Please post any successful strategies disputing my 2016 taxes back to a reasonable rate. Bought my home in August of 2015 and the taxes appraisal increased $50K in one year!