Fady Riad
Loan & Cash Flow Question
Hi Everyone,I have a question about loans and making sure you're cash flow positive. I've doing all my calculations as if my loan interest is tax deductable and even though the principle is not I can claim depreciatio...
Greg Baker
Questions about tax write off's with a rental property
We recently closed on our first rental property and I'm trying to keep everything organized for our tax professional next January. Which of the following can be written off? 1. Pre-purchase - Home inspection and app...
Craig Steltz
HELOC - LLC question
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 ...
Derek Zeigler
Roth 401(k) vs brokerage account
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 ...
Matt Fish
Seller Financing, Objections & Taxes
Hi Everyone, let's talk seller financing. I am becoming increasingly interested in asking for seller financing as a way of purchasing residential real estate for flips and rentals. I am curious of those that use this ...
Manraj Singh
Negative Cash Flow : Tax Offset
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 ...
Peter Dunne
Agent LLCs taxed as S-Corp's - Opinions?
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 ...
Brian Davis
Adding Solar to a Buy and Hold
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?
Charles Moore
Use Profit from Rental Property Sale to 1031 into several turnkey long-distance rentals?
Hi, BP!I just joined after having read numerous articles and forums on here for some time now, and now I am planning my next move. Here's my situation: bought my first property - a condo - in the north Seattle area as...
Andrew Horowitz
Tax Lien Questions
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...