We established an
LLC at the beginning of this year, with just two members – my spouse and
myself. We reside in a community property state and file our taxes jointly as a
married couple.
Throughout this
year, we...

When funding my new LLC for flipping, should I use capital contributions or loans? I like the idea of a mix - with a smaller capital contribution being my buy-in and then a second larger amount for funding the first d...

i am renting 3 properties.  when i bought my first rental (rental 1) in 2013, i was a noob.  i didnt read much on this forum but i knew the property was a good deal.  the home is in my name and only my name.  in april...

The cost segregation allows for accelerated depreciation creating pretty big losses on first year of acquisition and there after also.But schedule E doesn’t allow posting those losses to personal taxes 1040. losses st...

me and my brother inherited my parents house it's paid for and he wants to live in it so my half will be financed to me do I have to pay taxes on my half 

Hi all, I'm close to pulling the trigger on this property in Chicago. I'm going through a turnkey provider.  The renovation has already been done and the property will be tenanted with a section 8 tenant.  I have a bu...

Greetings,
My first home was paid off over a year ago, and I am now living in my recently purchased 2nd home. I have been renting out the first home to a family member under no official contract, but i want to establ...

Has anybody used a IBC, CFB, or BOY policy to purchase real estate and use the returns to pay back the policy at higher interest rates than the policy charges? If so, what are the pros and cons? What are your thoughts...

I purchased a SFH for my primary residence about 3 years ago via short sale. Purchase price was 133K, I put down 20% with a 2.99%APR on a 15 year loan. I owe around 90k on it currently and it's worth roughly 180k. We ...

Has anyone worked with Nevada Corporate Headquarters on Unsecured Business Lines of Credit? My husband and I have paid $3000 to this company because they promised a business line of credit of $50k and I think I have b...