If I live in my second home for more than 14 days out of the year (second home), what does this mean for all other income I received for STR for the year? How is this income taxed? Thank you
Did you know that you can rent out your home for up to 14 days per year without having to report the rental income on your tax return? Section 280A(g) of the Internal Revenue Code is also known as the Augusta Rule. It...
Hi There,I am looking at raising some capital to buy rental properties (already have 6 in Bay area/Northern California) and the numbers only work if the interest I pay to my investors is Tax-Free for them. Can anyone ...
If you had a choice to use money from a Roth SDIRA or money from a taxable account, what would you use? Do the tax benefits of using taxable money out way the advantages of tax free income with a Roth SDIRA?
I'm currently house hacking with an apartment attached to my primary residence camo and my fiance owns her own home that we currently rent out. I'm also partnering with my brother going forward, aimed primarily in the...
Hi folks,I'm trying to help locate an appropriate financial planning/analyst resource. Someone with experience analyzing and making recommendations re: existing investment property portfolio... and making adjustments/...
Looking for some helpful direction. My husband and I are looking to build, on land already purchased. The problem I’m running into is, with my husband being a builder and me being an agent, our checking account is mor...
Hi everyone, I am running the numbers on a potential property and Im making sure I am doing this correctly.Here are the #s, if these look right I am paying $803 in taxes on a property that Cash flows $1,574??
Gross...
So. I've read some real estate books, and I would like to make the leap into buy-and-hold real estate investing. I've started by researching which cities have the best market to buy properties using the criteria of pr...
With the current TCJA the estate tax exemption is 11.18 million (single) and 22.26 million (married). Any estate in excess of these thresholds are taxed at 40% in CA. For example, if you are worth 20 million as a si...