Closed and moved into my first property at the end of September. Started renting out rooms shortly after. Would it be worth hiring a CPA to do my RE taxes for the 3 months? I understand, for the most part, how to fill...
Hello All,I am considering selling a property that is owned by LLC (IL LLC), and buy another one in another state. The problem is, I don't want that particular LLC to buy a property in another state. But my understand...
Prop 19 will be implemented Feb 15 and upon your death will trigger a new evaluation of your properties for property taxes. This could force your family to sell the property to pay taxes. If they don’t move into the p...
I am currently taking an online course to become an agent in New York. One question I have is in regards to an LLC or S corp for tax purposes. I keep getting conflicting information on weather it is a option or not as...
So is it foolish to take home equity and put it into Tax Lien Certificates????? Let’s say someone has a dozen rental houses paid off collecting rent would it be foolish to take the equity in those houses and make even...
Perhaps this isn't the right place to ask this, but in the most innocent way possible I am curious as to how people who have quit their jobs in order to pursue investing as a full time gig make money. Basically anythi...
Hello Bigger pockets community! I’m an now learning the hard way about how important it is to make sure the numbers and math behind a deal need to make sense in order to do a deal unfortunately.I bought my home to liv...
Now that we are switching to tax lien auctions how do you guys feel about the changes ?
How do you think it will effect your business?
What are some new strategies you're trying out?
Answer as many or little as you...
Every calculator has stuff that seems irrelevant or is not true to the situation. My purchase price was over 20 years ago, I do not remember closing costs, have refinanced twice at least and I have been renting it fo...
Hi, First thank you for taking the time to respond to my post. I have an IRA and it has about $55k in it and i was wanting to use that to invest in real estate. Is their anyway i can withdraw without tax penalties? I ...