Hi fellow RE investors,
Quick question, I have been reading on QBI and I know that passive rental income qualify for the 20% deduction from QBI. However, when I sell the rental property, does depreciation recapture ...
Good late afternoon to all my Los Angeles people! I am sure I am not the only one who is pondering this...Which small bank whether it be credit union, community bank, or private lender have you found to give the best ...
Hello I am new to the forum and somewhat new to investing (I bought one house rented it and sold to my tenants 3 years ago) I have been working as an accounting since graduating college in 2008. I am pregnant with my ...
If I have personal loans from family and friends (to invest in real estate), can I deduct the interest I pay to them? I recently learned that there are some interest expenses that you can't deduct, and was wondering ...
For all the flippers out there or tax pros.... What are the income tax considerations related to house flipping ? Specifically how is the gain or loss on the ultimate sale calculated is it ( my purchase price plus r...
Do I charge myself rent for storage? I am storing equipment in a 40 X 110 foot building on my mixed use commercial property. The building would rent for around $1,500/ month. Do I need to write myself a rent check...
Hello Bigger Pockets Friends! Looking for guidance on two questions related to single family detached rentals. 1.) If I sell a rental that I acquired using 100% qualified retirement money from a Solo 401(k) and immed...
Problems getting qualified from conventional lenders. I am baffled at the rationale but it has happened twice now.My overall picture is quite good I think. But the lenders are basing their decision on one very narrow ...
I just spent several hours today correcting a few very incorrect tax returns prepared by CPAs who advertise their services here. In one cases this is going to cost the client a substantial amount of money. In the othe...
I am looking at getting my first rental property next year. I have a full time job and gross $130,000 a year. How do i separate my cash flow from my personal income. I own my own home and want to use the HELOC strateg...