Those of you that do a combination of long-term investing and short term flips? I am fairly new to investing, but I always thought I'd hold everything I bought and simply build out my rental portfolio.
I have a prope...
PHONE RINGS...My wife who does our real estate brokerage accounting and investment business bookkeeping just called me to say we owe $47K in taxes...{heart stops}.BUT I didn't blink an eye because I understand the tru...
Investment Info:
Single-family residence buy & hold investment in Perris.
Purchase price: $108,500
Cash invested: $45,000
3 bedroom, 2 bath
What made you interested in investing in this ...
Hello everyone,
We, my wife & I, have a primary property that we have lived in for 18 months. We will be selling our home and our net profit will be tax free due to our primary property.
We also just sold our...
1. Opportunity Zones - Jobs act of 2017 has stimulated growth by offering tax incentives in special zones around the United States2. Refinancing or Tax-Free borrowing - When you refinance, you are able to borrow again...
My dad, brother and I have an LLC for buy & holds & manage our own units.My brother is an accountant/CPA, handles the finances.To be a property manager in the state of PA, I'm of the understanding you need to ...
Hello,I am looking to build a 4 Plex in PA.I am in the preliminary phase of planning and my questions relate to entity structure, taxes, and finances Background:Land Cost $10K Build Cost $200KAppraised Value at comple...
I've searched the site (forum, blogs, etc.) but can't find a straightforward answer to my question. Does anyone have any experience calculating MAGI, specifically for determining 469(i) offset? My question is, do I s...
Hi BP!New self managing landlord here. I'm going to be signing up with Cozy/Apartments.com and love the idea of tenants paying online. In CA we can't mandate they do so, so how best to encourage them to do so? Can th...
SFR rental in Santa Rosa, CA is projected to be $916 monthly negative. Rental income is $2400/mo. Operating expenses $1571/mo. Current mortgage payment is $1745/mo. Expenses include $240/mo paid to one partner for PM...