Quick question to the Tax pros out there. I am considering resurficing my rental garage floor with Plyurea and was wondering if this can be expensed or is this an improvement that needs to be depreciated? I suspect ...
If I am making an offer on a property do I need to pay a lawyer to prepare a binding contract or can I legally create my own? How does this process work?
P.S I do not plan on closing. My goal is to wholesale ...
Hey there, just a theoretical question:
Borrowing money via a loan or cash out refi isn't taxed as income since it's borrowed. If you were to sell a rental house without a 1031 exchange, I *believe* the portion that...
Hi,I have an S corp question. I have an accountant. Senario-- I own a brokerage with 8 agents and I also still personally do residential sales. My agents are 1099'd as they are independent contractors. The brokerage...
Hi folks,
New guy to real estate investing here. I've spent the last few years getting my finances and credit in excellent condition so I can finally get into real estate. Living in the Seattle area, I've had diffic...
So my mom owns a home and is thinking about moving into a retirement home. We are wondering if we should rent out the house and move her into a retirement / assisted living home, or if we should sell the home, and ren...
Real estate is a great investment for multiple reasons. It’s a relatively safe investment due to the fact that regardless of stock market position, people still need a place to work and live. It’s also advantageous co...
Just to clarify, in the absolute simplest form, cap rate essential means % return on investment per year. So if it is a cap rate of 3%, you can expect a 3% return on investment per year?If "yes" is this something you ...
I do not have a real estate license. But I do want to send purchase and sale agreements to agents without a buyers agent so i can reduce the price of the home. Does anyone have any software recommendations that would ...
Good morning 1. Is it necessary for a securities attorney to be in the state in which you are investing in? 2. Would anyone provide a referral or two for a securities attorney? Thank youMike