In the past 3 years I've flipped about 1 property per year in addition working my 9-5 job, I just received an audit from IRS saying that I have to pay an excessive amounts in taxes. I'm in need of a professional that ...
I'd like feedback on a BRRRR scenario from folks who are in the know about taxes related to capital gains. Let's say you buy a property for cash in an LLC, taxed as a partnership (you have a 50/50 partner). It is bo...
This article is for tax sale investors who want to earn redemption interest income. Investors who want the real estate should read this, also, because sometimes their plans go astray and an owner redeems.In Alabama, s...
Does anyone have experience with working with solar panel installations and other ways to get tax credits as a way to reduce seed capital for real estate investing?
Hello,My apartment has been vacant last couple of months.The first vacant the electric utility bill came around $150 and I noticed that the central AC furnace was on so I turned it off immediately but to my shock the ...
my tenant of two years received a $70 monthly rent credit in exchange of maintaining the front and back yard. This agreement was written into the lease. The front yard was maintained but the back yard was over grown ...
Does anyone know how a second mortgage holder comes to know that the borrower is going to be foreclosed on the first mortgage? In the rare circumstance when the borrower is current on his second but has defaulted on ...
Ultimately, my question is how much a running toilet / leaking kitchen sink could reasonably impact average water bills. But first please let me provide a little specific background and why I am crunched for time to f...
Looking for some advice about offering all utilities included at my rental property. I'm trying to find alternative ways to increase monthly rent and had the following idea. Please keep in mind that I have 2 years of ...
I have read several threads on this, but I am a newbie and still a bit confused.We are married filing jointly with an income close to 150k last year. We own one rental property. No actual profit last year. Our monthly...