Managing Finances and Taxes
Taxes and bookkeeping are necessary evils that we all hate… whether you are a real estate investor or not.
Keeping track of rents, expenses, carrying costs, profits, marketing costs, etc. It all adds up and can be a real pain in the you know what if you don’t take the time to make sure that you know what your real estate investing business is doing financially.
In this section we aim to help point you in the right direction when it comes to your REI businesses finances and tax issues.
Everything from the best bookkeeping programs to use…
…To how you can save taxes as a real estate investor in today’s market.
Take a look at the topics below and get your real estate investing finances under order… or you’ll live to regret it (I can guarantee you that from personal experience).
Where are REI businesses finances and tax issues topics that I should Take a look at the topics below ???
Hi Trevor,
I seem to remember seeing something on your website about investing your IRA into your real estate. I have been trying to find it today with little success.
I have 4 unit income properties some with traditional and one with a private loan (no 2nd positions).
I have about $10,000 in a Roth IRA and another $5,000 for 2008 to put in. I have put much more than $10,000 into this Roth IRA and want to see it make money, as opposed to what it has done.
Can I roll this into my own property somehow? Is it simple or does it require a lawyer and a bunch of fees? Are there annual or other fees ongoing? Could you point me to resources to learn more?
Thank You
Robbi