Sameet Koppikar
Is it worth buying real estate through your SDIRA?
HI Everyone...Just joined BP - I've been reading the forums for 1 month. Lots of great information. Thanks to everyone who is sharing their knowledge. I am debating whether it is worth using my SD IRA to purchase rea...
John Anderson
HELP: Tax-Write-offs or limiting losses w/ high day job income?
Hi everyone, I need some tax and legal advice in my situation where I have been incurring a good amount of unexpected expenses, and after some research tax rules seem to allow up to $25K of write-offs a year, but is p...
Roy Mitle
filling out schE for the 1st time
This is my 1st time with 1040 and rental.a) Is it possible to list the closing costs under any expense item - eg. commission. I bought the house so technically didn't pay any agent. I also took a no-point loan but I s...
Dima A.
Using an S-Corp and an LLC together- rental real estate
I have seen several investors do this, but cannot fully understand the benefit, and I am pretty well versed in tax and entity structures.
Situation: multi-member LLC owning rental properties and only has pass...
Sundiata Jackson
Process following a tax lien foreclosure.
Hey everyone,I have been doing tons of research on tax lien investments but there is still a lot I am unclear on. Lets say I buy a tax lian how long before I can foreclosure on the property. Also once I foreclosure on...
Amit Patel
Estate Planning / Tax / Gift Question
Estate Planning / Tax Question located in CTMy parents plan on retiring over the next 5-7 years and have 3 rental properties with mortgages on them. They will have the ability to pay the properties off if needed. My q...
Richard Gaston
Tax Leins
Ok, I had to put the business on the back burner for a bit, my eldest son just moved up here from Mississippi along with my grand-daughter (woo hoo). And I was waiting on him to move up here in Washington, I am lettin...
Shawn L.
Need help with lease optioning my own home and my mom's home
Here are the homes in question:My Home - 3 bd/2 ba SFH, ARV approx. 75-90k, no mortgage, tax lien of 61kMom's Home - 3 bd/1.5 ba SFH, ARV approx. 110-130k, 40k remaining on mortgage, no liensHere's my problem: I own a...
Bobby R.
DC Area Tax Preparer
I have yet to do 2014 taxes (multi-state W2s, rental property) as well as 2015. My last tax person, an accountant, was not taking depreciation for the rental.I met with a company that would do both years for $600, an...
Ankur M.
How to prepare for appealing property tax in front of BOE
Hello, I am new to this website still. I recently acquired a commercial real estate property and the property taxes the next year went up nearly 60%. Therefore I filed an appeal explaining my situation, however the Bo...