I have had a number of investors that have been excited to take advantage of airbnb with their rental properties and their own homes. Numerous clients of mine and aquaintances have already cashed in on airbnb. Propert...
I just watched a video online of someone explaining why he would never flip a house. He basically said the reason is because if you flip a house it is considered ordinary income tax + self-employment tax which ends up...
I have invested in a few syndication deals in the last few years, and three of them are ending or have ended this year. How are the final distributions taxed? Assuming there's depreciation recapture, will the deprecia...
Hi Everybody. Great news I closed on my first single family house. We hope to get the renovations started up next week. The question is I live in NY and the property is in Baltimore, for tax purposes is it better to o...
Wanted to get people's thoughts on withdrawing from my Roth retirement accounts (and taking the 10% penalty) in order to invest in real estate? I've been using the BRRRR method to purchase properties and know that my...
so I asked a question yesterday, but after sleeping on it I think this is the heart of my original question.I flipped a house this year, but it won't sell til next year. Some of the money I used for renovations was al...
I'm looking to sell two properties, one primary and one rental, and use the profits to pay cash for a new primary. I'm wondering if there are some strategies to minimize my capital gains tax burden. Here's the situati...
Jackson County Missouri tax assessments went out and some property owners saw huge increases - were talking CRAZY HUGE SPIKES for some. The deadline to appeal was June 24th, but it may not be too late as it seems the...
I have a tax lien question. I own a tax lien certificate on a .25 ac strip of land that does not seem very usable except to the owners of the adjacent lots. I have paid the taxes for several years and can now apply to...
I am practicing my ability to find and analyze local multi families in the Detroit area. I would appreciate input on this property and my analysis of the investment . Thanks ,Dan https://www.redfin.com/MI/Hamtramck/11...