Don Chan
RE Lending Crowdfunding - Taxes & LLC
Hi BP,I've successfully invested in real estate debt crowdfunding (i.e. Peer Street, LendingHome, etc) and now would like to incorporate as a LLC (for asset protection) and declare taxes as a C-Corp (for the differenc...
Russell T.
Should I put my paid off rental into a s-corp
I have a paid off house, should I put it into a s-corp? It’s currently making $42000/year. It has been fully depreciated. I’m looking for ways to save on taxes.
Ron Singh
tax deductible limit on rental properties
are there any max limit on mortgage interest, property tax etc, which would stop you from getting tax deductions on rental properties you own ?in other words say you own in your name (not llc):primary residence : mo...
Jackson Long
LLC members and taxes
Hey folks,Soon we will be taking in some money to purchase properties that will be owned jointly with the investors. If the house is owned by the LLC and the LLC has say 4 members... How does the tax benefit get app...
Rachel Stuart
Know any good Tax advisers/preparers?
I'm looking for someone awesome! We already filed our extension, but would like to get some money back. We've used a couple different people in the past, and they were just okay. We've got a few properties, my husband...
Ryan Howard
How to go about purchasing property from relatives of a friend?
So recently my friend tells me that his late great grandmothers house had been broken into and vandalized, the house is vacant and is owned by his grandfather. They want nothing to do with the property. With me curren...
Jean G.
Making a private loan out of SDIRA to the buyer of a property I own
Hello,I have an interesting idea to deploy funds from my self directed IRA (SDIRA) into mortgage notes, which I determined is a good way to invest my IRA funds.I understand that I am not allowed to lend funds from the...
Sean N.
Should I sell now and lose money to save more in the future?
I currently have a SF rental house that I’ve owned for about 6 years. It’s worth 180 – 185ish and still owe 126k. If I sell it, roughly how much would I have left after listing, fees, commissions and taxes if I don’...
Chris Clemptor
How does housing costs and wages relate across the country?
Hello, It's well known that prices of houses are very different in various parts of the country. It seems like houses are cheaper in the Southeast of the US, but wages are also lower in general in those areas. My...
Richard Alexander
Looking to buy HOA tax lien in Georgia to own property
So im looking to pick up properties from HOA Judicial Forclosures in Georgia GWINNETT county Fulton county and Dekalb. Whats the best process and which direction to go.I have a friend who acquired a condo in Dunwoody ...