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Updated about 1 year ago on . Most recent reply

Nicholas Jung's profile image
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Nicholas Jung
  • Member since Dec 25, 2023
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Nicholas Jung's profile image
Nicholas Jung's profile image
Nicholas Jung
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Nicholas Jung
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General Real Estate Investing

Tax write off for real estate investor partners

Nicholas Jung
Posted

Hello BP community!

I have recently purchased an investment property with the help of 2 investors who happen to be family members. If they want to write off their investment(lets say 20K). Do I need to prepare any documents for them so they have proof of their write off? How should I go about this?


Any information will be appreciated. Merry Christmas!

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