Chapter 1: The FIRE At around 01:00 AM on March 26, 2019 – I, James Kandasamy received a phone call from my property maintenance supervisor to inform me about the fire at Alamo Park Apartments, one of my investment properties in San Antonio. When I asked him if anyone had been hurt in the fire, … Read more
If you own real estate, then you probably know that your property taxes are deductible as a real estate expense. But did you know that when it comes to Schedule K-1, the form used to report your income from a pass-through entity such as an S corporation or partnership, there are some things you might … Read more
Today, Michael Tortorich will be joining our weekly show.
Michael Tortorich has a Bachelor of Business Administration and an MBA from the University of Texas at Austin McCombs School of Business. He has 10-plus years of corporate finance experience and most importantly is a passionate believer in promoting financial literacy. The content in this book was originally designed as a financial education course for his two children, but after completion, he decided to turn the material into a book that anyone could benefit from.
Real estate, which includes land, homes, offices, and retail structures, is a popular investment option for those who like to put their money into tangible assets. Many investors pick real estate as a source of income or because it is relatively simple to borrow money to purchase homes. Passive real estate investing is the act … Read more
Things You Might Not Know About Your Schedule K-1 And Real Estate Taxes What Is Schedule K-1? Who Files Schedule K-1? What Is K-1 Distribution? How To Read The K-1? How Is K-1 Income Taxed For Real Estate Investors When Is The K-1 Due? Schedule K-1 Form Sections You Should Know Important K-1 And Tax … Read more
