Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Thomas C. 469(i) offset and calculating MAGI
13 July 2018 | 2 replies
To figure modified adjusted gross income, combine all the amounts used to figure adjusted gross income except don’t take into account:Passive income or loss included on Form 8582,Any rental real estate loss allowed to real estate professionals (defined under Activities That Are Not Passive Activities, earlier),Any overall loss from a PTP, The taxable amount of social security and tier 1 railroad retirement benefits, (some guidance has taxable IRA - Added by JL)Deductible contributions to traditional individual retirement accounts (IRAs) and section 501(c)(18) pension plans,The domestic production activities deduction, The deduction allowed for the deductible part of self-employment taxes,The exclusion from income of interest from series EE and I U.S. savings bonds used to pay higher education expenses, The exclusion of amounts received under an employer's adoption assistance program, orThe student loan interest deduction.So essentially start with AGI and reverse the above.
Dev Paul A realistic cash flow from airbnb based on your experience
9 December 2021 | 23 replies
My properties gross 2-2.5% of purchase price per month.
Zk Lani Lead generation in South Carolina
14 March 2020 | 17 replies
Probably not your best resource for motivated home sellers.With your time constraints due to work hours, perhaps partnering with someone who can do some of these tasks or simply hiring an employee to do so. . . 
Grant H. First time doing rental property taxes. Need advice
17 January 2020 | 14 replies
I had a very reputable RE tax firm quote me ~$1,700 to do my federal and state return, which seems high considering I am a w-2 employee, 1099 from a brokerage account and 2 duplexes. 
Linda Jolibois Tenant problem/communication issues
9 January 2020 | 10 replies
After I informed them of when to bring the 1,last, deposit the landlord/boss actually called me again to say that he will be paying for them with a company check because he’s helping them out he’s a good employee (my gut told me no  but I didn’t listen) They asked to move in a week early I said no then move in October 1, 2019 as planned.
Robert Stamper 401K Solo contribution limits.
2 February 2020 | 8 replies
It's powerful when you do it correctly.In 2020 you are able to contribute up to $57,000 (it was $56,000 in 2019), with an additional $6,500 catch-up contribution if 50 or older.To further break this down:As the employee, in 2020 you can contribute up to $19,500, or 100% of compensation, whichever is less.
Nick B. COVID-19 IRA withdrawal
28 April 2020 | 19 replies
You want to take the money out for an investment opportunity, which by any reasonable standard, is not hardship - it is for financial gain.The plan administrator is responsible for reviewing hardship requests, so I would come up with a better reason to give them.There is some good information in this article written by an attorney:https://news.bloomberglaw.com/employee-benefits/insight-who-cares-retirement-plan-withdrawals-ok-if-youre-impacted-by-coronavirus
Kyle Calica Part-Time/Gig/Contract jobs with a Real Estate License?
5 July 2020 | 9 replies
Salary/fee based jobs at Redfin or similar positions in agents teams are just that—your just another employee doing one function, not the whole transaction.
Greg O'Brien PPP Forgiven Funds are NOT Deductible
21 May 2020 | 10 replies
This notice (2020-32) is contrary to that intent".If I am a business owner 100% shut down, why would I take the PPP and pay my employees to do nothing? 
Bryan Blankenship Property Management - What makes yours the best or the worst?
7 May 2020 | 8 replies
I saw a difference when I had a much more personable front-line PM employee who was just so caring and really took care of each tenant like they were her next door neighbor.