Becky Smith
Taxes
so this might be a dumb question. But I'm looking to buy a duplex and I'm going to try and get an investment loan opposed to getting a 3.5% fha loam and owner occupying... but I was just wondering if the tax benefits ...
Daniel Harris
Work at home
Is anybody working at home... if anyone please share the information with me... one of my friends want some info about it..
Thank you ...
Regards,
Dan.
Scarlett Herbert
S Corp and Renting Rooms
Currently house hacking! 2 of our rooms are being rented out while we live in the master. I’ve found with research you can make this a business, specifically an S Corp. Has anyone done this before and if so, how?
Paul Allen
Recent Tax Court Memo on Claiming "Real Estate Professional"
http://www.ustaxcourt.gov/UstcInOp/OpinionViewer.aspx?ID=11184Lots of interesting things in this TC Memo:Despite being employed as a stock broker, the Petitioner (Patricia Windham) was able to prove that she was a rea...
Eric Charles
DTI ratio problem while trying to get my first deal.
I'm a newbie, just starting out and trying to get a loan for my first deal, a single family. I have a large cash, equity and asset base, (6 figures). However, I show VERY low taxable income due to business expenses a...
Brian Drab
How are others calculating their charitable giving amounts?
I hold my investment properties within an LLC, which on paper, after all deductions, should take a loss each year (or close to it). I obviously can‘t give 10% of my profits.I’m curious what formula/standards others ar...
Ali Senchenique
Tax preparer or CPA recs?
Hi all! We are looking to start getting involved in real estate investing! You have multiple ideas including multi family, SFR, perhaps Airbnb and even farmland or running a business renting out to farmers for the agr...
Sandra Holt
Accountant Specializing in Real Estate in MD
I am looking to switch accountants since mine made too many mistakes last year and doesn't know enough about deductions related to rentals. I currently have 4 rentals and put an offer on a commercial property that is...
Daniel H.
Schedule E
Has anyone on here ever added extra income or not deducted all eligible expenses in order to show more income on your schedule E? You would pay more taxes but it could make the property more attractive to buyers and ...
Jared Karns
Good insurance in Austin TX?
I'm purchasing and owner-occupying a duplex in Austin TX and looking for a low monthly payment on insurance. Does anyone have any suggestions?Thanks!