My wife is not sold on real estate investing yet for a few reasons. She does not want to get invested and then something happen to me and she needs to be come landlord and she doesn't see the bigger picture. Tax deduc...
Hello BP!If you're reading this, you're reading my first post!!In 2018 I purchased a duplex. I've been doing the taxes myself using TurboTax. I've read ONE book (from NOLO) on rental tax guidelines/strategies. Anyway ...
hi everyone, just looking for some focused advice in a world of information overload, I apologize if this has been discussed before. Any great recommendations or suggestions of books, courses, contacts out there rega...
Hello All,I purchased two HUD properties in October and November of 2015. We had a local vote on an exemption so it slowed down when our local property tax bills went out. Basically HUD just credited me 10-11 months...
Did a fix and flip, and need to seek out a qualified tax preparer that can assist us with filing. Any suggestions.
@Mindy Jensen OK I give up, has something changed or is my mind slipping?I can not find how to start a new discussion in this forum! Sorry Mindy it was my mind, or rather the drop down that kept hiding the big blue ...
I am trying to decide if I should pay double on my monthly mortgage amount on my residence to pay off my mortgage in 7-10 years OR put that additional money into a savings account to save up for a down payment on my f...
In general this is my understanding of the wholesale process, feel free to correct.1) Get property under contract with seller.2) Take contract to title company.3) Find buyer, (give them copy of my contract I signed wi...
Please define "Passive Activity Losses" and their carryover for the purposes of calculating depreciation recapture.Thanks,- Rick
Anybody on here use realeflow? If so any opinions? I like all the tools they have just don’t know if they work well you know so any insight would be great! Also if this isn’t a good software then what are some other g...