
18 April 2024 | 10 replies
@Jennifer TaylorSmall world, I live in Greenville SC also and invest in Multifamily properties via syndication.We do cost segregation on all our deals and typically we find an investor gets depreciation equal to 35% to 40% of the amount invested.So $300,000 invested might generate $100,000 to $120,000 in depreciation.The big question is this depreciation loss is considered a passive loss and generally can only be used to offset passive income.You need to find out whether withdrawal from an IRA is considered passive income.You need to find out can the depreciation be used to offset the income from early withdrawal?

18 April 2024 | 3 replies
According to passive activity loss rules, every business is obligated to adhere to specific criteria, especially when it comes to short-term rentals.

16 April 2024 | 5 replies
Now, the one in Illinois has a gain, but once again if I add loss from the others the total is negative.

18 April 2024 | 6 replies
I'm by no means an expert on 1031 exchanges but you can find experts on BiggerPockets if you end up needing them.There are a few other things that come to mind, I'll put them in order of most to least applicable based on the situation you've laid out.Offset any capital gains with capital losses - Maybe she owns some stock to use an easy example, and it hasn't done well.
18 April 2024 | 83 replies
You lose any appreciation play, but you also lose a downside loss when the market dips.

18 April 2024 | 5 replies
If you are making more than $150,000, your rental loss, if considered passive, will be suspended and carried forward unless you can claim real estate professional status.

18 April 2024 | 18 replies
If not, how much of a loss are you taking?

17 April 2024 | 2 replies
While I'm still recovering from my injuries and learning to walk again, I refuse to let these obstacles hold me back.One area where I see potential is in real estate.

20 April 2024 | 100 replies
., economic loss, insurance cost, or any other = line-item of OpEx for large multifamily in a given town, there are a number of statistical publications for me to reference.

17 April 2024 | 8 replies
Account Closed hi Zach do you know under what circumstances you can use losses to offset your W-2 income?