Hello,
The Army helped me accumulate multiple degrees and I would like to use my remaining VA education benefits for formal real estate investment mentor or apprenticeship in the state of Colorado. Any help would be...
Can unused passive losses carried forward from prior tax years be used against active income in the current tax year, if the taxpayer has qualified per IRS rules to become a "Real Estate Professional" in the current t...
Hey everyone- do I saw a post earlier this week asking about any negative aspects to getting one’s RE license. One that stood out was the liability component. For example, being a licensed RE broker, you have to alway...
Hello BP community. Are there any real estate tax benefits for W2 high income earners (over $250k)? I’ve read several books/posts/blogs on tax benefits for RE investors, and even contacted a couple of CPAs who are act...
My husband and I own rental property together, we are both on the deed. My husband qualifies as a real estate professional for tax purposes. We want to use that to offset my income, as I am the higher earner (I have a...
What are the benefits of becoming a licensed real estate sales person as an investor? Is it worth taking the course?
Can someone explain the tax benefits of real estate? I know what the 1031 exchange is, but don’t know the concept of depreciation and how that is a benefit to real estate investors. Any other tax benefits that you g...
Hello, I am currently a 19-year-old college student and I am looking to buy my first investment property by the end of this year. I have been trying to learn as much as possible from reading books and listening to the...
LeverageThis is one of my favorite benefits of real estate!Let's think about leverage.With real estate, if we want to go purchase an asset, we can find a bank to potentially lend 60% - 80%, while we cover the differen...
Hey y’all, I’ve decided to begin studying the same material someone going for their RE license would and I’ll probably take the real estate agent exam as well.Primary reason I chose to do this was to get a more theore...