Costin I.
Capital Expense RESERVES as deductible expense
In a recent post about how to minimize the taxes on rental income it was mentioned that: Setting aside reserves is an expense, so long as they are not excessive. When you draw down the reserve you count it as income b...
Albert L.
Fractional ownership in syndicated LLC in IRA, $800 LLC tax?
Hi,I am wondering, if I invest in a syndicated deal where I own fractional ownership in a LLC using an IRA, does that mean it would be subject to the yearly $800 California franchise tax?Thanks!
Greg Johnson
Should I Hire An Attorney For Debt Settlement?
Hi everyone! I'm trying to decide if hiring a debt settlement attorney is the right move for me. I'm dealing with a lot of debt, and it's starting to feel pretty overwhelming. I’ve heard that a debt settlement attorne...
Jarrad Henry
self taught techie learning real estate in the Bay Area
Hey guys,First ....If no one has said it yet, I just want to give a massive and genuine thank you from the bottom of my heart for all the advice and information the experts are offering here. You guys probably don't t...
Julie Muse
Millpond Ct Success in San Juan Capistrano!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $605,000
Cash invested: $12,000
Sale price: $785,000
Contributors:
Peter Vekselman
Partner Driv...
Alvin Kariuki
Adult Family Home Purchase (Elderly Care) / Agents & Brokers
I’m a recent college graduate and I am trying to help my mother but her first home. She wants to open an Adult family home in the Seattle Metro area. We have been having trouble finding trustworthy Real Estate agents ...
Daniel Dietz
What can be rolled into Solo401K - Either Regular or ROTH?
I have a little trouble understanding exactly what can be rolled into Solo401K accounts and am hoping for a little help here before taking the next step of actually setting up an account.What can a Traditional IRA be ...
Mike Perrotti
1st investment… Local or out of state?
im not planning on purchasing anything right away but would like to within the next year. This will be my first investment and I'm thinking a rental.I live in westchester NY, and i would be looking to purchase somethi...
Tysan Cole
Mentors in Seattle Tacoma area
I would like to gain a little experience working with someone who has the REI business down. Is there anyone near Tacoma who needs assistance or any groups who assist people who are just getting started.
Kieran Collings
New To the Industry.....LETS GO
Hi All,I have just started a career transition and excited to be getting into the real estate industry. Should of done it far sooner. Looking to connect with likeminded people and start to grow a network and communit...