Joshua Sun
Advice on how to pay for labor, equpiment and supplies first BRRRR property.
For labor we were thinking of using our business checking account to wire money or even use Venmo through our business account.For things such as furnace, flooring, paint, lighting, etc. we were thinking of using our ...
Justin Juhan
Renting Primary Residence Then Moving Back
Good Day,My wife and I are just getting started in real estate investing. We purchased an investment property (single family) at the end of last year an put in lots of sweat equity, it is now bringing in about $400 a ...
Aroldo Villarreal
Would you buy a $5,148 Cashflow with $2k of capital gains?
I'm looking to make my first deal, but don't know if I want to go with this one. It is $20k out of pocket with $5,148 of cash-flow a year and $2k of capital gains. I only have $50k to invest and am putting aside $8...
Nick Scannell
House Hacking First Duplex - Should I set up a separate bank account now?
TL/DR - I bought a 3.5 down FHA Duplex, I'll be living in one side and renting out the other. I still need to pay towards the mortgage, but I'm saving money compared to renting. Do folks recommend: 1. Just deposit ren...
Ryan DeGennaro
does a trustee sale HAVE to happen in foreclosure?
i have a tax lien on a property that i will likely have to foreclose on. this is a situation where i made a loan to a homeowner for property taxes and they have defaulted on the note.
i want to keep the house, i don'...
Tj M.
Does anyone use tax software to do there taxes?
I was wondering if anyone is having luck using online tax software to do their taxes? I tried doing my taxes online but just can’t figure it out. What tax program do you guys use?
Sam Epperson
Seller financing and who pays RE taxes
When seller financing a deal, and you register with the clerk that some amount of ownership has traded, are RE taxes on the property going up?In my state, property taxes are adjusted at sale to effectively be the pric...
Corbett Brasington
Fix and Flip in LLC to build capital without tax?
My area is experiences huge amounts of very fast appreciation. So much so that the 1% rule and deep dive analysis for on market deals (even far below asking price) dont make sense to BRRR...but many of them do make s...
Account Closed
Tax Saving Strategies in Real Estate Investing
As an experienced real estate-oriented CPA with clients that invest in most real estate markets, I often get asked for strategies in saving money on taxes that apply to clients investing activities. Here are some key ...
Christopher Edmonds
Tax Ramifications of a Cash out Refinance
I am about to refinance and due to an increase in the value of the property can opt for a cash-out instead of a lower rate. Will that cash be taxed as capital gains? thanks.