Jimmy Rojas
How to show proof of income with 1099 form
6 January 2025 | 4 replies
HI @Jimmy RojasYou have to show 2 years of taxable income to the IRS.
Jason ODell
Cash on cash for non-leveraged properties
4 January 2025 | 2 replies
Meaning you get 4-5X the depreciation to defer your income from being taxable.
Seidy Lasker
Wash Sale Rules for Options
2 January 2025 | 1 reply
Disallowed losses under wash sale rules increase the cost basis of replacement securities, potentially reducing future taxable gains.This post does not create a CPA-Client relationship.
Grace Chee
Appeal property tax increase in FL
27 December 2024 | 7 replies
I understand they purchased their property bit earlier at a lower price, but the difference shouldn't be so significant.
Julio Gonzalez
5 Tips to Kickoff 2025 Successfully
7 January 2025 | 0 replies
Did you have taxable income that could’ve been reduced utilizing tax strategies?
Kevin Hoover
Limited partnership to TIC - Can a child get joint property without capitol gains?
1 January 2025 | 4 replies
The value of the property and how it’s distributed relative to ownership stakes will determine whether it counts as a taxable event, I believe(I’m not a CPA or attorney).
Griffin Brenseke
Sell or hold an investment property (4.75% rate)
13 January 2025 | 7 replies
This would allow you to access some cash for other purposes ( Tax Free) because a refinance is not a taxable event.
Jeffrey Edwards
Excited To Be On The BRRRR Journey!
2 January 2025 | 1 reply
I have dabbled in real estate, but never heard of brrrr before now, and transparently never did much research outside of knowing that property ownership was a way to reduce my taxable income.
Leon G.
Getting out of the rental business after 10 years
10 January 2025 | 67 replies
Is it lower risk than flipping, rehabbing, or owning a property leveraged at 65%+ LTV?
Desiree Rejeili
Understanding Mortgage Recasting: What Homeowners Need to Know
22 January 2025 | 0 replies
When it comes to managing your mortgage, most homeowners are familiar with refinancing as a way to lower monthly payments or take advantage of better interest rates.