What I can't figure out is how to determine the amount of rent.

If i need to get my own mailbox &psy myself to register my address, im definitely telling my landlord"actually the leasing agency" that the amount for those two things is coming out of my rent.

When they ultimately sell their houses, the gain may extend beyond the federal tax law's maximum exclusion amounts on capital gains of $250,000 for single filers and $500,000 for married couples.

I own a condo I'm looking to sell creatively, as the underlying debt terms are very attractive ( 3.625% 30 Year fixed ).

There isn't that big of a difference in the amounts, especially if you are planning it to be a buy and hold.Think of it another way: how much are you willing to lose the property for?

Thanks.Sure, I would guess that most people not well-versed in property investments don't understand the amount of tax payable when you exit the investment.

Fixing for 350k budget and Appraised for 1.5mil, worth more as commercial, and cashflowing after PITI 5k a month.

Fixing for 350k budget and Appraised for 1.5mil, worth more as commercial, and cashflowing after PITI 5k a month.

These rules restrict the amount of passive activity losses that can be deducted against other income for taxpayers with high incomes.Form 8582 is used to calculate and report passive activity losses and credits.

I want to learn about rental properties as well as fix and flips to maximize my knowledge after graduation of a chemical engineering degree next year.