Can anyone refer me to a post that states all of the tax benefits of owning rental real estate? Thank you in advance!

Hello,I just recently read the book "Tax-Free Wealth" by Tom Wheelwright and he mentions the many tax benefits of REI several times throughout the book. This just reinforced my enthusiasm for real estate. For this dis...

Newbie here!

We have a secondary home we plan to start to use as a STR next summer. The home is currently in our name and we have a conventional mortgage on it.

-For those with a house in your name, do you have ...

What are the real tax benefits to the seller when transacting via purchase money mortgage...I can see if the property is not a primary being taxed at capital gains for the sale...but what happens when the seller files...

Why do many investors say that you should keep your property management business in a separate LLC for tax benefits? What exactly are the tax benefits?

I do so the logistical benefit - if you have many proper...

I recently bought a townhouse as a rental property and closed it just before the New Year. Since the start of the new year I have been putting in some expenses on it - Replaced Carpet, House Cleaning, bought windows l...

I got a $65,000 income tax bill today.  Is there any way my business can provide me with some deductible fringe benefits like a company car, health club membership, life insurance, etc?

Because I cannot take advantage of active deductions related to my real estate rentals, I am wondering if I can pay myself as the "administrator" or property manager of these properties?  The IRS believes you can't ac...

Hello tax expertsAny recommendations on how to avail tax benefits on capital gains, was researching and found out QOZs (qualified opportunity zones) there is a new tax law which allows capital gains to be invested in ...

So I just had an offer accepted today on a 2 bedroom 2 bath SFH. I have a friend who is going to be renting out the second bedroom from me. I know when you live in one half of the duplex and rent the other you're able...