., to perform the activities for which Value Property Investments was organized—he was not carrying on a trade or business as contemplated by section 162 (Business deduction).Nonetheless, in order to resolve the matter before us, we do not need to decide whether Mr.

Unused passive losses can be carried forward to future years.Regarding your $100,000 investment in a long-term rental property, you can’t deduct the entire amount in the first year.

How much will you make after agreeing to those terms minus carrying costs and taxes? 

Carrying costs can add up quickly.

@Austin Carr I don't know of any local groups who analyze deals in person, but I host a free session each Saturday at 4:00 P.M.

Hi Troy - I suggest considering tenants to carry renter's insurance that includes liability coverage.

These places are gold mines!

As an LP, I only care about net returns on full cycle deals, because project level can, and often are, bring down project level returns significantly once you take into account GP fees and carried interest2.

Obtaining a $200K loan to cover the tax appears to carry a similar risk of a lien, potentially jeopardizing my mortgage approval.What would you advise in this situation?

several recent rulings on sec 1250 and 1245 have clarified that cost segregated depreciation of non-1250 property and accelerated depreciation taken thanks to the JCTA of 2017 are also able to be fundamentally carried forward in a 1031 exchange.