I'm doing tax planning for the next year. Looking for strategic guidance from an investments standpoint (of course I'll work with my CPA on the details)-
1. My individual taxable income in 2021 (after all deductions)...
Hey, just checking in with my fellow real estate investors! If your Accountant has not done an Engineering-based Cost Segregation study on your investment property rentals, you may want to look into having one done. I...
I used a CPA for the first time and just got my bill $1200. I am a W2 and have LLC with 2 properties that I've kept good records for. My return was only for $1,200...
Greetings! Looking for some feedback on my situation: I am getting ready to close on a 4-bedroom town home that I will live in (house hack) as my primary residence. I plan to furnish the common areas and 3 remaining ...
I've reached the point where I'm ready to partner up! my business partner and I have decided to go in on investing together! I want to ensure we do this right, but I feel lost and stuck! I'm looking for experience her...
When using the fix and flip calculator where would I capture repayment of IRA funds used to cover rehab costs? For example, if I plan to use $20,000 from my IRA to cover some rehab costs, where does that get recorded...
Perfect ROI Opportunity!!!I am a newbie to investing. I am interested in opening a laundromat. I have a space in mind but no money to get started. Where/How would I to start to get this project going?
Hey there- real estate investor here from Virginia. I have an LLC that I use to put properties under contract, close on them, sub-contract work needed, and resell. All in the LLC name. The county I live in advised I’m...
I'm wondering can I begin any marketing campaigns before my business entity is set up? I want to focus only on wholesale deals in the beginning, but I am definitely short on the cash needed for an LLC right now. I've...
I just secured a contract on my first property. I am looking into creating an account with a separate bank from my own finances. I am trying to decide, with this being my first property, should I just set up a new per...