Hi everyone, I have it as a goal next year to buy one investment property so I need to learn as much as possible about the process for doing so.

Occasionally there are some that don't ask 1000 questions and are pretty self sufficient, just trying to maximize their time and network, so those may get some consideration. 

I have been to the legislature and city council meetings to testify against the so-called ‘tenant protections’ that are damaging rental opportunities for marginal tenants.There is no “right answer” for you, but here are a few considerations.1.

I'm trying to confirm my understanding of a less straight forward capital gains scenario than the one-time purchase and sale most deals involve.Essentially 100% interest in a condo was acquired over time, as each joint tenant passed away, leaving 1 sole tenant who gained full ownership by rights of survivorship.I've gotten differing opinions from different professionals and am trying to understand the calculation of the basis and the final capital gains  tax that would be due myself so I can spot bad advice and understand deals.Assumptions:A condominiumNo depreciation has ever been taken by any owner.No 1031 exchange.No expenses or improvements.

Hi Folks,Need some clarification on this complex topic.There is a lot of discussion on these tax nuances in BP forums, so I am happy to read any particular thread you can point me to.Basically I have a W2 (above income limits) and I am a General Partner in a multifamily deal.I have received 2 K1s from this deal (one as a GP) and another as an LP (since I put in some of my own money).Am I allowed to take the K1 losses from this deal to offset my W2 income?

Thank you for putting it so succinctly.

Based on rental income would be great since I'm self employed so minimal documentation is best for me. 

The title would be in my name only on closing, so I would 'own' the property, making it a refinance, not a purchase.

I signed a 1 year lease last month so kinda stuck in that until fall 2025 (unless I broke lease or paid massive amounts to cancel it).

So to that end even though I think of myself as private I am in the business so I am a HML  the other folks posting on this site are all HML.. to me a PML is just that someone who is private and NOT in the business they they do a few deals out of their IRA for solo k a year and generally to people they know..