Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
What would you do if you were in my situation? - I am looking at a SFH in Tacoma, WA that will need the heating system replaced. It's running on baseboards and they're all at end of life or not working at all. This is my first rehab that requires work on heating. What type of heating would you consider given a home with these conditions and why? Are there other things I should consider or look into?
As a general rule, you should avoid mixing your tech contract work and your real estate investing under a single entity. Combining these under a single business entity not only complicates your taxes for these different activities, but it also creates more exposure from a liability or asset protection perspective.
Is it worth talking to someone to start the tax planning convos if this is my current situation? 1. I do not have rental property yet but intend to buy in 2025. Partner and I are planning to finance it together. 2. My partner and I are not married but we own a primary residence together. We split mortgage and are both on the loan and title. As of now, I can see tax planning being beneficial to handle 2 people filing as single because we have to figure out how deductions from the mortgage will work.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
