How can we apply real estate losses from prior years to offset current year non-real estate income? I assume we need "real estate professional" status, but 90% of CPAs I have talked to (all with real estate clients) s...
Start with this 2012 post by Joshua Dorkens stating there are 28.1 Million "Real Estate Investors" in the US. Bigger pockets post
According to Biggerpockets stats https://www.biggerpockets.com/stats , over 1000+ new ...
As many of you are aware, we've got Groups on BP where people can elect to connect with others on a smaller and more personal scale then they can on the public forums.
While in theory, having groups is an important f...
In case you're not aware, April is financial literacy month. I'd like to take this opportunity to invite you to attend 4 free financial workshops plus my weekly webinar about tax planning. The goal, of course, is to...
Can I "pay myself" to manage my rentals 20.5 k on a sched C and write off the fee. I would pay the same income tax and add fica on the sched C. Goal is to fund a roth solo 401.
Hi BP Community,I love this site and what the investor community is doing here. There's a wealth of knowledge and I'm looking forward to meeting some of you. I want to network and explorer opportunities with like mind...
Need some help from some seasoned professionals. I had a great discussion with my CPA today about a number of things that I needed to know, and she really tuned me up. I will have a solo 401k soon, and I already hav...
Hi everyone! :) I am a Canadian real estate investor, and own a few condos in Montreal/Toronto. I am exploring my next real estate move, and open to all types of asset classes (multi-family, commercial, farmland etc)...
Wondering if someone knows the answer to these tax questions... perhaps @Steven Hamilton II ?If you use a line of credit to finance the purchase of a rental property (not a HELOC), I know the interest is tax deductibl...
Hello BP,I hope this message finds you well! My name is Noe (No-ee) and I’m a real estate investor currently based in Southern California. I specialize in buy-and-hold and value-add investment strategies, with a focus...