David B.
Depreciation to wipe out taxes from early IRA distribution?
Let's say i take an early distribution from my IRA, and buy a rental property.Can I use the new accelerated depreciation to wipe out the taxes that I have to pay on this distribution?
Grant Bartel
Introduction: SEO professional on the path to house hack a duplex
Hi everyone, I wanted to introduce myself to this awesome community!I'm Grant and I'm looking to house hack a duplex with the goal of reducing my family's expenses. Ultimately, I want our investments to cover all of o...
Brian Orr
Calculating NOI question
Hey all, I'm curious to know how this gets represented, maybe you can help? Here's the example of a small 10 unit syndicated deal, which is currently self-managed...
Current OpEx water, sanitation, maintenance, taxes...
Ashley G.
Potentially selling an investment property
I have an investment property in IN.I purchased in 2022 for $200k. It appraised for $205k. Purchased for kids future/college fund (maybe relevant maybe not) Mortgage rate is 4.4% currently paying $1149 a month (includ...
Alberto Cioni
Change of rent when we build an ADU to replace a small rented garage storage
Hello I own a duplex in Culver City, Los Angeles county. I am a small business landlord.I am in the process of building and ADU in the backyard. ADU is a 2 bedroom / 2 bathrooms unit that the State of California appro...
William C.
Education On Passing Through Tax Losses to Offset W-2 Income
I understand this has the potential to be a complex discussion and consulting with my CPA will ultimately be the thing to do, but I am very curious what other's are doing in this space, thus coming the forum. After re...
Account Closed
Who knows more about these opportunity zones?
I've been hearing a lot lately about these new opportunity zones (from the most recent tax bill). Anybody want to help me wrap my head around it a little better?
Carlos C.
How would someone charge Light and Water on this one?
Hi everyone! I have a duplex (3/2 each side) but I'm gonna reduce it to 2/1 each side, and build a studio with kitchen on each side. Normally those studios are called an "Efficiency" here, and they include all utiliti...
Danny Day
What do you budget for closing cost?
Wondering what everyone budgets for closing cost as a rule of thumb. I know this can vary based on county to county, who pays title policy, etc. but I'm wondering generally what do you use off your head.
3%, 5%..7%?...
Kel S
Here is the tax letter!
Sorry for the delay. It took me a bit to retype this. Some of the price fields are blank and also where I put "house we purchased", that actually originally read the address or you could put the street name house. Exa...