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Hey All,I just used a cash windfall to buy my dream home in San Jose for 1.6M and, as it was very dated inside, I am spending 200K to dramatically upgrade the kitchen, bathrooms and flooring with premium materials an...
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With so many Real Estate investment strategies available, it's crucial to find the one that best suits you. This is something that I spend a lot of time wrestling with as I am learning where my personal path in real e...
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I have an Airbnb that I bought in August of 2023.
Starting in January of 2024. I began to track my hours and where those hours went.
My understanding is that I can use the STR loophole to reduce my wife's taxable in...
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So I just had an offer accepted today on a 2 bedroom 2 bath SFH. I have a friend who is going to be renting out the second bedroom from me. I know when you live in one half of the duplex and rent the other you're able...
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I am investing in my first rental property and need help navigating a few basic questions:- If I make improvements to this rental property, how is it taxed? (Is it considered expense and can be deducted at one go? Is ...
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I'm new to REI and trying to learn how to analyze deals. There's a listing in Tampa that claims to offer a 15% cap rate:http://tampa.craigslist.org/hil/reo/5372835592.htm...I suspect it's not a great deal simply for t...
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Hey everyone,Recently joined the community, but have been interested in Real Estate for awhile now. I was hoping to get some insight regarding expenses and NOI. I have read different things and some estimates vary g...
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I've read in other tax forums assertion of IRS auditing real estate pro's... Just another issue. My guess is that risk comes from actually negating ordinary income with real estate losses in execess of >$25k. ...
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Does anyone have any experience setting up an LLC for their real estate agent business? If so do you have any reasons why you would or would not do it again or why you chose not to in the first place? I am considering...
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Hi all,I’m a US Citizen but we are stationed in the UK. From a UK tax perspective it’s better (by far) to buy new rentals via a Limited Liability Company. But I’m concerned from a US tax perspective that owning a fore...