Dick M.
Furnace depreciation, where to post
I put in a new furnace this year, I known I list it in part III of my 4562, but then do I combine it with the property on my schedule E or does it get its own column?
Patrick Orah
Advice Needed on the Tax Advantages with rental income investment
Hello BP community, I am looking for advice confirming what I think I know about tax advantages with rental income and help filling the gaps on some of the tax advantages/strategies that I may be missing.
To begin, I...
Levi Lais
Our investment property burned down! So many questions...
First, I'll lay out the facts and then I'll follow that with the questions...
The Scenario
1. We purchased a house for $467K as an investment property in January, 2022 (the 3rd in our portfolio and in no way would b...
Ash Singh
An honest review of Tony Robbins coaching program
In 2014 I was at a point in my life where I needed help, especially in the area of taking action and feeling depressed. I had major issues doing the simplest of activities, I would procrastinate everything I did! I ...
Anthony Gonzalez
New to Investing from Los Angeles, CA
Hello everybody, my name is Anthony Gonzalez. I'm 22 years old, I work part time and I just started school at west la community college with the intention of transferring to a 4 year. I am also majoring in business in...
Devin Arand
I have an opportunity in the commercial R/E space. Need advice
I need some advice here. I am wanting to get into Real Estate investing and am starting to get over the analysis paralysis part...I'm ready to jump in and conveniently think I have a great opportunity at the same time...
Vasant A.
Please Help me Analyze this FourPlex deal in Denver, Colorado
Hi Guys,I need some assistance from you about what would be a good offer price on this fourplex:BackgroundI have an opportunity to purchase a fourplex in the Lowry/Stapleton/Fitzsimmons Medical Complex area in Denver...
Graham Gordon
Transferring the deed of property to my LLC? Or Triple net lease?
Some friends and I are trying to start a business owning/operating short term rental property. We formed an LLC for tax and legal protection purposes. When we found our first property, I took out a conventional loan ...
Matt N.
Cash Out Refi Tax Write Off
Question: I am taking out a cash out refi on my condo that I had originally paid in all cash. I've read that the interest from the cash out refi mortgage is NOT tax deductible UNLESS it is used for improvements for th...
Phil Shelton
Exploring Rental Loss Write-Offs for Qualified Real Estate Professionals with $150K+
Can a qualified real estate professional with a W-2 income above $150,000 be allowed to write off rental losses on my tax returns?