Skip to contentWith tax time just around the corner, it’s a good time to think about the deductions you may be eligible for as a real estate investment professional. This is not a inexhaustible list of potential deductions, just an overview of three of the most common REI expenses that can cause issues if care is not … Read more
If you don't know the difference between dealer property and investment property, read this article. Do you know the difference between dealer property and investment property? If you don’t then check out the following article. It goes over the differences between the two. The main difference that will interest you is the tax difference. … Read more
If you are a real estate investor check out this article on how to best handle your taxes. Taxes are a part of every investment. If you are a real estate investor then you need to know how to make the most out of having to pay taxes…eventually. Read the article below which gives a … Read more
Let’s get something out of the way from the beginning…..both of these plans are good….self-directed or not. But, for someone who wishes to maximize their contributions into a qualified retirement plan, generally speaking the 401K will be a better option. And, please keep in mind that an individual can qualify for a 401K as long … Read more
For six years the IRS has been working on new rules for repairs, supplies, and capitalization. Twice over this period they have issued proposed changes giving us some insight into what they were looking to do. Last week the IRS finally issued temporary regulations that take effect January 1st, 2012. These regulations keep some of … Read more
In yesterday’s post, in which I addressed why Texas is the place to put your real estate investment capital, Dave, a reader for some time, apparently, asked a couple questions. They were so good, especially the second one, I thought the answers deserved center stage. So, thanks Dave. Here’re Dave’s questions, verbatim, with text before … Read more