Lahiru S Hettiarachchi Gamage
How to get the tax advantages against W2 income
26 March 2024 | 6 replies
These are reported and "retained" on IRS Form 8582.Of course, if you are unsure or would like additional guidance in determining what might fit your specific situation, please reach out to a CPA/Tax Professional who may be able to assist.
Rick Albert
Renting out to Fraternity/Sorority
28 March 2024 | 10 replies
This saves thousands of dollars per year.2.
Joseph Hernandez
Owner Finance Foreclosure
28 March 2024 | 10 replies
Don't step over a dollar to save a dime.
Corey Logan
Building my dream team
28 March 2024 | 3 replies
If you are interested in moving your entire portfolio, would you peel off (tax purposes) or dump everything?
Matt Ridenour
Fun high end flip completed
27 March 2024 | 0 replies
We saved as much of the mid century material as possible.
Sridhar D.
Sale of investment property after 12 months
28 March 2024 | 12 replies
@Sridhar D. that's a strange reason unless the tenant needs to fix their credit or save up for a down payment to qualify for a mortgage.If so, I wouldn't hold my breath that they will perform.
Kyle Kline
How do I organize my property funds?
28 March 2024 | 5 replies
More specifically, my questions would be:What type of account(s) do I put the money I save for maintenance, vacancy, capital expenditures, etc. into?
John D.
Can I create a Solo 401K with only rental income?
26 March 2024 | 12 replies
It is passive investment earnings, not self-employment income.If you wish to take existing retirement savings and diversify into things like real estate and private lending, a self-directed checkbook IRA would provide flexibility similar to the Solo 401(k).
Sebastian Bennett
Rad Diversified Feedback Request
29 March 2024 | 25 replies
There are only 2 blocks on West Pomona Street and the two blocks total 90 tax parcels.
David C.
How to fund a solo 401k with rental properties
26 March 2024 | 9 replies
But there are implications to that strategy so be sure to discuss your specific situation with qualified tax expert as this is not a tax advice and I’m not a tax expert.