Alright so What is the benefit of contributing to a Roth 401K vs self investing in a taxable account granted you have the discipline to invest. I am looking to invest more in RE and like the liquidity that a non 401k ...
All,
If I take out a HELOC under an LLC. Meaning the LLC would own the HELOC. How would one deduct interest on their taxes? this wouuld be a single member LLC. Can I just use the EIN on my own personal tax return ...
Hi All,As one step towards my real estate investing goals, I have recently acquired my RE license in PA. I am focusing on buyer representation for income-producing properties (I am blessed to already have an investor ...
Hi,
I am aware that acquiring a -ve cash flowing property is a BAD idea. Also aware that we shouldn't be looking at 1. appreciation and 2. tax benefits as an answer to offset a -ve cash flowing investment.
1. I am ...
I am told that there is a 26% tax credit with a new solar project along with the ability to depreciate 87% of the cost of the system in the 1st year. Is anyone out there doing this?
Does anyone do cost segregation for SFRs and rental properties? I’m trying to learn how to do this, especially since I’m in the 37% tax bracket. Any advice and direction is greatly appreciated! Thanks!
Hi all,I just wanted to get your opinions on flipping to grow faster vs holding . This year I've really doubled down on investing and have about 7 rehabs I'm currently doing. Three of them are flips, while the others ...
Hey there everybody. I'm trying to come up with money so I can put some "skin in the game" for a first real estate investment. My current income is spoken for being that it goes to family expenses. I know private ...
Good morning,
I'm new to real estate investing and BP. Currently I've been reading, listening, and learning. My path has lead me to tax liens. I had a few questions I was hoping someone may have the answers to.
1. Ar...
Good evening everyone. I'm I the process of closing on our first property through the VA. My question is Are there any tax breaks with purchasing a home. Being this will be a one year owner occupy before we can rent i...