Douglas Skipworth
Do you track your net worth?
22 April 2024 | 39 replies
So I find it “useful” to compare my monthly net real estate income.
Adama Bah
How to pay less tax with this situation?
21 April 2024 | 6 replies
Renovated a house-hacked but because of the income, we could not deduct expenses Should we put all our properties in an LLC?
Jack Stalnaker
Should I invest out of state for my first property?
22 April 2024 | 9 replies
You are making some great income at 19!
Sun Casper
IRS Schedule E - Multi-Unit Property
21 April 2024 | 2 replies
If it is per building how do I answer the other questions about rental days (most critical) or rather rental income so as to ensure i am providing the information the IRS requires.
Iris Sanchez
Can I use rental income to get a loan
19 April 2024 | 5 replies
My question is can we use the rental income to qualify for a loan?
Stephanie Bell
Tips for first time landlord in Buffalo
22 April 2024 | 9 replies
We may not use eviction history in NYS to screen tenants, but you may still use credit score and income/rent ratio requirement (but not source of income).
Mayur Gaitonde
Tax deduction on syndication investment forclosure
21 April 2024 | 11 replies
Would they just be passive losses that can offset passive income or can we treat them to offset capital gains from other investments ?
Arshiya Taami
Loan Officers I need your advice!
22 April 2024 | 6 replies
You would definitely need to also work on your income or get other people to co-sign on the loan to afford a $850k-$950k home.
Justin Louis
How should my friend and I start our rental property business?
21 April 2024 | 9 replies
Regarding taxes, I believe LLCs are pass-through entities, and you will just claim the income on your personal tax returns.
Gary Adams
Real Estate Investor
21 April 2024 | 3 replies
One of the many advantages being classified as a “real estate professional “allows you to offset income with real estate “paper losses “ like depreciation and other expenses.