and they are sticking it to me this year. According to them, one of my properties increased over 25% in value...I'm fighting this but good grief...I've only owned it for 5 years!!! FL property taxes stink....but the...
Hi,
If I buy a small buy-and-hold SF property, what is the reason to do it through an LLC? I guess I can deduct depreciation and write off mortgage interest whether or not I use an LLC. However maybe I can on...
What is you favorite solo 401K company? Why?
I see that My Solo401K.net has a very nice web site with loads of useful information.
I see that BroadFinancial.com also has a nice web site, but you have to call to lea...
I have just acquired my first two long term rental properties this year and am looking to take advantage of the tax benefits. How important is it to get with CPA to assist with tax benefits. I have spoke with my paren...
Hello all,To start, I live in Michigan where your property is forfeited to the county after 2 years of delinquency. I've been analyzing some tax delinquency lists and I've found several properties that have delinquenc...
Hello!Two part question: Would somebody mind providing a brief overview of the tax savings of purchasing a 2-4 multi family in the first year of purchase as owner-occupied. For example: If my W2 income is 100k and the...
So we have a 3/2.5 bath house with 3 floors (it's a huge house.) The basement is large and partially-finished, it even has it's own kitchen down there. The home was foreclosed upon and was owned by a bank. We finally ...
What are your folks thought on this? I'm someone that wants my portfolio to be primarily RE, but I stuggle in how to allocate funds between Roth and traditional IRAs, SDIRA, and 401k. I have normally done Roth IRAs on...
I have roughly $30,000 in my 401k. I recently changed jobs and they do not offer a 401k program. After listening to Grant Cardone and the BiggerPockets podcast I am contemplating
pulling this money ($26,500 after fee...
I'm not really interesting in buying, managing, or selling individual properties, even turnkey. Don't like it, not good at it, more profitable things to do with my time etc. But I recognize that real estate above and ...