What am I missing? After significant research regarding college savings for our son, my wife and I have devised a strategy which we would love the community to pick a part. We are not happy with 529’s, Coverdell’s, a...
I've read that you can Homestead two properties in Minnesota if a relative lives in the other one. Are there rules around charging rent? And is there a tax benefit? The information on the county website is unclear.
I...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $52,500
Cash invested: $70,000
Sale price: $214,000
This was a Fannie Mae property, so I had to live there for ...
Investment Info:
Other other investment.
Purchase price: $4,200
Cash invested: $11,000
Bought this 1984 vintage holiday rambler travel trailer and spent around $11k renovating and outfitting it as a ...
HELLO,I'm a property manager and a landlord, I'm looking for advice and tax strategies to lower my tax burden. I feel like I need to start an s- corp but don't know where to start. I really would like to here from tax...
Hi guys! My name is Daniel Walker. So Cal born and raised. I was born in Long Beach, but now live in LA. I was wondering if any of you had pointers on how to get started (at age 19). My passion and interest has always...
I’m looking for a CPA with experience with short term rentals to help me with the upcoming tax season. I met a local CPA before I started early last year but he is not experienced with STR and based on our talks he’s ...
Hey Good Afternoon Everyone,
This question is primarily for the seasoned REI and or CPA
Here's a little bit of my situation. In my search for buying a home at 26yrs old this year, I stumbled across an ad for a fr...
I bought a duplex in Cleveland, OH last August. It was 79k total. I put my 25% down and got a mortgage rate percent of 4.99%
I hear a lot of REI investors are doing mortgage refi because rates are so low right now....
Looking for some advice on our plan to get started with our real estate biz. Currently own a home with approximately $100k in equity. We plan to purchase a rehab property through our LLC. We would sell our current hom...