All Forum Posts by: Deepak Lal

Thanks !

Yes, I have full-time job.

AGI is around 120k+

I am one of sophisticated Individual Investor and  not a  GP

It is not about interest in getting involved, I am trying to understand if there is any benefit getting here part of contract/subscription for tax benefit ? Or do you think there is no harm her getting involved? or Does not matter ?

I am investing on on multi family real estate ( Apartment complex). I file the tax return jointly and my wife is Home Maker.

The question is:

1. Should I add my wife's name in the subscription document?

2. What is the tax benefit in the sort term ( considering 5-7 years exit strategy), Do I have  ability to deduct depreciation of the property    from your taxable income?

Can someone provide insight, Preferably with example if my Investment is 100000 this year and exiting on 2025

Thanks