my sister is selling her house that is paid off in full however due to circumstances she had to put it into her daughters name so my question is is my neice going to have to pay taxes on that and if so is there ...
Seeking how other investors set up their business. I understand that their strategy will still require me to find a legal/tax professional. I am Leveraging house hacking. Created LLC to be able to open a business bank...
just did my 2018 taxes and I have to pay uncle sam this year about $3300. when I ask if I should buy rental properties I was told because my wife and I make to much that most of the rental income would be a wash.so le...
I love paying taxes because it means, despite my best efforts, I made money in the governments eyes.
Despite an advanced graduate degree in taxation, despite a real estate strategist, despite accelerating depreciati...
I am filing with the state to form an LLC in which to purchase homes and rent them out. There are a lot of questions about sales tax. Do I pay sales tax on the rent that I will be collecting? And if I do, is it just f...
https://www.google.com/search?q=kid+crying+over+taxes&rlz=1C1GCEA_enUS878US878&oq=kid+crying+over+taxes&aqs=chrome..69i57j0l7.5338j0j7&sourceid=chrome&ie=UTF-8Son: "It's not fun..."Mom: "It's not f...
End of last year I moved, and started renting our my old condo. I have been wanting to get into real estate investing for some time, but for other reasons I have not been able to. I thought this would be a good way to...
Hello
I am a novice investor and wanted to understand when is a 1031 suitable to do and whether sometimes it is more suitable to just pay the taxes especially with the current uncertain economic environment and gover...
We started our real estate investment journey July 2014. Our first deal we negotiated a property under contract for 18000. We wholesaled it for 30000. After closing cost we netted 10500. This will be our first yea...
Hey all,I will be extending an offer tonight for a multi-family home that I would be living in. It is a two family home; I will live in one unit and rent out the other. I am trying to get a full understanding of the e...