Christian Valencia
How can I earn $5k/month in passive income and live abroad?
My wife and I are in our early 30's and currently have a 1-bedroom condo in CT renting for $1,750/month with expenses (including mortgage, tax, insurance, etc.) at $1,200. We both work 9-5 jobs in the marketing/event...
J Scott
War is Making You Poor Act
For those of you who are concerned about government spending being out of control, and subsequently the risk of increasing taxes, I thought you might be interested in this bill:
http://en.wikipedia.org/wiki/War_Is_Ma...
Alfred Litton
What If I DON'T Want to Be Paid by My LLC?
So, newbie question here. Hypothetical situation: I have an LLC that owns 3 sfh properties, and the NOI for the year is $20,000. Do I HAVE to pay the taxes on that $20,000 if I choose to keep it in the LLC and, for ...
Steve S.
Property taxes in texas
I'm curious if there's any tools or obvious formulas that could help me understand turner impact of property taxes in a rental property I may buy. As an easy example, let's assume property tax rates are (2% - that wou...
Terri Donovan
Another Partial 1031 exchange question
I cannot find the answer to my question. Hoping someone here will help me figure out tax consequences of this scenario: Purchase price 150KImprovements 118KDepreciation 77KSale Price 450K So my gain is 450 - (268...
Stephanie Brown
As LP in multifamily: depreciation write off preferred returns?
Most general partners say that the losses you can show after a cost seg study with multifamily will write all all of your income that you received via preferred returns while that property is being held and paying the...
Derek Jones
Has anyone purchased from Sacramento county tax lien auction?
Has anyone purchased from the Sacramento county tax lien auction? It's coming up here in a couple of weeks and my wife and I have some money saved up and a couple properties in mind. My main concern is having enough...
Stephanie Freed
My first out of state purchase.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $54,000
Cash invested: $54,997
Remodeled 3 bedroom 1 bath single family home built in 1951 in a quiet neighborhood ...
Casey Boerger
searching for liens on a property?
Hello,I have been getting interested in bidding on tax defaulted raw land auctions. I know that I could get stuck with a propertie that has hiided liens that were not disclosed. does anyone know how to do a lien searc...
Satish Subramanian
Recommendations for CPA and Attorney
I went under contract for a 3-flat in Jefferson Park that closes in a few weeks. I’m planning on living in the top floor with my girlfriend, but purchased the whole building solely under my name. Not sure how deprecia...