Good morning, quick question. After doing my taxes I’m left with $0 net income because everything this years was losses and no gains. Does that affect my refinance once I finish my first BRRRR, having a $0 net income?...

In my planning for retirement, I estimate my family annual expenses to be about 100K. I want to know how much do I need to clear in rental income to be able to cover that.
Obviously, the depreciation should make the ...

I’m going to attempt our income tax myself instead of using CPA. Any opinions on which brand of tax software for rental properties is best? TurboTax? H&R Block? Others? Thanks!

So I am about to start renting out part of my home. Is there a way that I can avoid paying taxes on the rental income? Could I have my renters pay my mortgage rather than pay me? Like have them give me a money order t...

Hello Note communityI am doing some initial due diligence on a deal and discovered that a borrower has a state income tax lien against their personal property of $11K. Has anyone had experience with this? If I were to...

What's the advantage of paying taxes on this money.
As I have been told you can't get loans based on it anyway, how does this process work for me?

My wife and I are-non US citizens, nor residents.We both are partners of a Wyoming holding LLC.This WY LLC is the only owner of a Michigan LLC.In Michigan we have 2 rentals owned by this MI LLC.Do we have to pay any I...

Hello all,

I own and live in a legal 2 family home with an in law apartment. I receive a total of $2370 in rental income a month. If I add this rental income to my tax return will it be counted as income when applyi...

Hi there, I have a question regarding taxes on rental income. I live in Colorado and I've put my property on Airbnb which generate $500-700 as cashflow per month. My question is: If I decide to put those gains back in...

Hi everyone, I am paying big taxes (my opinion) with my 1099 income.  The CPA really has no good advice besides home office deductions and IRA contributions.  There has to be a better way.  To all of my smart friends,...