All Forum Posts by: Anish Arora

Thanks Jon.

I was thinking of having my wife get realtor license (she is home-maker currently) and then as we file jointly was thinking of doing that way to be able to use depreciation deduction from rental SFRs against my full-time W2 wage income.

Thanks Doug B.

I can't deduct depreciation of rental SFR as I does not qualify as "active" real estate investor because I have full time day job and SFR rental is only part-time.

When I sell this rental SFR, I recapture depreciation which lowers my cost basis and increase my total gain and so increases my tax? Doesn't make sense as depreciation didn't lower my taxes to begin with. Is recapture my enemy because I am not "active" participatent in real estate?

Hi All,

Can anyone share their experiences buying houses using auction.com, hubzu.com, xome.com for SFR in bay area?

I was thinking of using BRRRR here in bay area.

Thanks,

Anish

Looking in good school areas as I think appreciation and re-sale be better in those areas.

Felt Livermore, Brentwood be good. Hayward, Newark fall in not good schools area. Fremont/union city too expensive to have positive cash flow (willing to do 25-30% down). Any advise

Thanks,

Anish

Which city in bay area is best for investment upto $600,000 with small cash flow positive ($100-$200). Hoping for asset appreciation and can hold for 10 years.