My wife and I purchased a park in Idaho last Jan. There are 31 park owned homes and 14 renter owned homes.  We have done quite a bit of work to the park owned homes in the tune of about 45K. This would be new roofs, f...

I'm just wondering if there's an amount that is too much to charge for a loss mit fee. If the buyer agrees to pay 10-15k for a good deal on a property does anyone think there's an issue with that, either legally, eth...

A CPA mentioned that loss limitation allows individuals with income <100,000 can offset 25,000 from their income, but individuals or couples whose income> 100,000 can’t offset their income.  I have listened to s...

Hello,Is it possible to apply accumulated passive activity loss from prior years' (Real Estate) to a current year if the income from that years real estate activity is less than the income generated by the Real Estate...

Do rental losses limit future borrowing power for mortgages and what is the work around that? Forming an S-Corp?

Okay.. I'm new but I've been reading a lot of posts.  It seems everyone is trying to get their involvement in their rental income business to be "actively Participating" so they can get the QBI deduction, but  I've al...

Hi,  My husband and I are newbies to real estate investing.  We purchased two condos out of state in February.  We are going to do some upgrading and repairs which will result in a loss this year.  Our MAGI is above...

Hello Bigger Pockets.I can't find the answer to my entire question when I search. I am a real estate professionalI had a loss on a rental property last year.My income is over $150,000Can I write off the loss this year...

Can anyone tell me whether the new tax law kept the current passive activity loss limit?

Hello BeePers!.... I am hoping to get some insights from the experienced folks on this platform. I have 2 burning questions concerning my real estate business and any feedback will be greatly appreciated.Question 1: I...