Hi all,
I understand from the many post that only 75% of the rental income is considered as income -PITI= $$$ <- if positive, additional income, if negative, additional debt. 
I came across a recent post that is ...

Hi Guys! I am new to the Bigger Pockets Family.  But I am in great distress seeing how much taxes are deducted from my W2 income.  I need help with understanding how to reduce my taxable income strategically through s...

In 2021 I had overall negative AGI on my personal return due to losses on rental properties. I had no tax liability in 2022 and now here in 2023 I do. How/ where do I utilize that prior loss? Is it an NOL on Schedule ...

Hello everyone, I've been looking into investing in real estate for some time now. I don't have money to invest so I have been reaching out to people I know who would like to invest their money. Questions I have been ...

Although I owed a duplex as a primary residence in the past, I'm just now getting into multi-families as investment vehicles- mostly buy and hold for cash flow. My income is moderate, but combined with my wife's we re...

Lets assume I acquire the house 100K to keep it simple and its a 20% down payment the rest is leveraged. Lets say my mortgage is $800 and I charge my tenant $1500 a month. Taxes in Illinois are 2.8% or so so thats rou...

I would like to make use of the special allowance.  However, I would be filing as head of household.  Would that mean that I would only receive a $12,500 allowance?
This is what the IRS writes:
Special $25,000 allow...

Hi Folks, I think a lot of us are aware how great depreciation is for people who own investment properties. However what about for new investors trying to reduce their taxable income but not reduce the income underwri...

If you have high earned income and can funnel some of the extra money into your passive real estate business to make repairs etc that supplements the passive cash flow, can you still write these expense of as business...

HiI have W2 income and short term rental income reported on Schedule E. I file jointly with my wife. Has anyone figured out a way to leverage AB150 SALT tax workaround in this situation to pay California taxes? May be...