Mindy Jensen
New Book!!! Tax Strategies for the Savvy Real Estate Investor
BiggerPockets is excited to introduce its newest book, The Book on Tax Strategies for the Savvy Real Estate Investor! Taxes! Boring and irritating, right?Perhaps. But if you want to succeed in real estate, your tax st...
Benjamin Forest
What the final answer on 20% pass through income tax deduction?
I've been trying to find a definitive answer on whether a landlord (in my case, owner of 4 separate rental units) can take the 20% pass through income tax deduction for tax year 2018 and beyond. I've been reading conf...
Greg Christensen
Help- No exit strategy on a land deal. Need options/ideas.
A friend/agent sold me deal "good enough to sell his mother". My intent was to flip it, but years later I'm paying $200 a month on taxes and resort membership on 10 acres that I can't get rid of. It's truly a nice s...
Brett S.
Any way to retroactively use losses to offset gains on sale?
I think I already know the answer, sadly, but just wanted to check in with the experts here: I'm exiting about half of my portfolio as I head toward part time employment and eventually full retirement. When I do tha...
Thomas L.
Taxation of Loss on Flip House by an LLC
I'm try to understand the tax treatment of a loss on a flip residence, but haven't mastered how to search BP for this particular issue yet. I'm a newbie at posting a question, so apologies if it is not in the correc...
Ed Kowalchuk
Can stock investments to added to a LLC to offset tax losses
If I establish a new LLC primarily as a real estate entity (partnership pass through for taxes purposes) can I use LLC contributed capital to buy stocks and offset some of the LLCs real estate tax losses before transf...
Jack B.
Why not use stock losses to offset capital gains when selling rental property?
I researched this a bit after having the thought the other day as I started planning to sell my portfolio slowly over time. I can offset stock capital gains with stock losses. Why not rental property gains?Basically i...
Slawek Jakubowski
K-1 loss (box 2) vs capital gain from sale of investment property
Hello everyone,I sold my investment property last year and realized a capital gain. I also invested in a syndication for which I received my first K-1, where box 2 shows a net rental real estate loss. Can I use that ...
Kenny Tan
Year-end strategy to lower taxes for landlords
I sold a rental house in 2015 for a 55K gain (after subtracting costs of sale, upgrades, etc). Depreciation recapture was painful. When I finally got a TurboTax Premier and modelled the sale, I was surprised the gain ...
Anthony Hicks
Abvoiding Capital Gains Tax
After I sell my house I'm going to make 49k profit. I want to build a couple 4 plexes with the money but don't have all my ducks in a row yet. When I get the money, how do I avoid paying capital gains tax and how much...