Jose Leandro Gobea
Deduction related with the purchase of a property
28 April 2024 | 4 replies
Also, can I use the deductions from real estate to reduce my active income and income from the stock market?
Raj Patel
Cash out Refi
28 April 2024 | 9 replies
I have a huge personal mortgage (P,I,T,I) that currently takes up around anywhere from 25%-38% DTI depending on how you calculate gross income.
Faiz Kanash
Question about how Gross income should be reported on a flipping business...
26 April 2024 | 10 replies
Also, my CPA filed the income as 'short-term capital gains', and after a bit of research i've seen that my income was suppose to be reported as standard income, or is that not a big deal?
Art Webb
Roth Conversion Using Oil and Gas Tax Deductions
29 April 2024 | 6 replies
Do not let the tax tail wag the income dog here.
Thomas Talbert
Need some BIGGG Tax Breaks
26 April 2024 | 12 replies
These all offer great write offs from the deprecation which can offset your income.
Anton Gerondine
Buying Condo In Hotel/Casino Resorts?
29 April 2024 | 13 replies
But also don't want to buy something that doesn't generate income.
Brian Howse
Duplex, Condo or Rent?
28 April 2024 | 1 reply
- Condo- pro's- own something that will appreciate, can still be in the city, can rent out if we move- passive income.
Vik John
Rental loss in tax filing ?
28 April 2024 | 8 replies
In many cases, rental losses can be deducted from your taxable income, but there are limitations and eligibility criteria that may apply.
Tony Mendoza
Transferring House Hack to LLC??
28 April 2024 | 11 replies
To remove the rental income generated to me personally and have it towards an LLC.
Mitchell Fountain
Section 8 Experts Please Help!
28 April 2024 | 1 reply
The website says that the section 8 tenants generally pay 30% of their income.