Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

5
Posts
1
Votes
Jimbo Rocks
1
Votes |
5
Posts

Rental Real Estate Loss Allowance?

Jimbo Rocks
Posted

Our AGI is over 150K.  I realize there are incentives to owing investment property but is there any tax incentive when you make over 150K? I can no longer claim my loss from rental properties.  So is there a tax advantage to buying more property?

Most Popular Reply

User Stats

3,799
Posts
3,792
Votes
Henry Clark
#1 Commercial Real Estate Investing Contributor
  • Developer
3,792
Votes |
3,799
Posts
Henry Clark
#1 Commercial Real Estate Investing Contributor
  • Developer
Replied

1031 exchange, expense writeoffs, if you have kids advertising income for them, leveraging equity versus selling, cost segregation deferred losses versus possibly your future retirement and personal income reduction, 2 out of 5 year primary with 250k per each husband wife.

Don’t make decisions based on taxes. They should be secondary.  
Don't really want to have a conversation on REI versus other investments. 100s of posts already out there. There are many REI strategies. Just look for ones that meet your goals.
It is okay to pay taxes as a strategy.  

  • Henry Clark
  • Loading replies...