NA Collins
Self Directed IRA for Investing
Can anyone explain the pro's and con's with utilizing a Self Directed IRA for RE investing.
Shaun Palmer
Freshbooks vs. Quickbooks
I am looking to make a move to use a professional accounting system as I currently manage 5 properties and am using an excel spreadsheet. Time is money and I am trying to continue to grow so I am looking to simplify ...
Sandro DeAngelis
No 1031 exchange! Strategies to save on Capital Gains?
Hey everyone,I am selling a property that I will be making a good chunk of change on. I will be slapped with huge capital gains.....I DO NOT WANT TO DO A 1031 Exchange but want to either;1) Put it in some sort of ed...
Lily Lee
Tax for hiring kids to help rental
Hi. We have several rental property under personal name not LLC yet. My 12 and 14 years old have been helping with rental a lot especially over the summer, they pretty much did all the paintings plus lot other jobs. ...
Bob Gillar
Total ROI Calculation Help please
Prior to buying my first beach vacation (out of state) rental property, I wanted to use numbers and calculations to asssss my potential investment. I'm making an excel sheet with all the calculations found on this we...
Percy Greyson
How to write off material cost for spec home builds
I am not sure which Forum Category to place this, please move it if needed!Preface: I am in the midwest. Our median income is in the 45 to 50k range. So in terms of numbers I am far from talking about million dollar ...
Brandon Shaw
Historic Tax Credit Investing
I was wondering if anyone has any experience with rehabbing historic homes using tax credits and understood the process. I'm considering properties in the Norfolk and Portsmouth areas of Virginia where there are a lo...
Peter Morgan
Converting 1031 exchange to primary possible?
Hello,I am considering doing a 1031 exchange on an investment property that I have and would like to know if there is a possibility to convert it into a primary at a later time? What would be the tax consequences. App...
Jagger Babwin
HALP PLEASE - Canadian Forming LLC to Wholesale In the US
First time poster here. Am a Canadian looking to get into virtual wholesaling in the US. Was advised to form an LLC - now I'm not overly sure as to which state I should go about doing that in.
If anyone could...
Levi Collins
Recommendations for a hard money lender in Florida?
Any recommendations for lenders that would consider loans as small as 50k-80k on some properties in Jackson County, Fl. No current liens but these properties have tax deeds, not warranty deeds if that matters.thanksLe...