Help please in learning how passive losses can offset Cap Gains.
I watched Brandon Hall's great #45 Daily Smart Tax video but my Turbo Tax seems to have a different opinion.
Form 8582 calculates Passive loss Limitat...
Good Afternoon,I listened to Wheelwright's podcast the other day discussing how short term rentals do not have the same rules as long-term rentals when it comes to some of the tax laws around active/passive investing....
I am a very old school person when it comes to keeping track of goals and commitments (even though I am a millennial and grew up with technology). I have tried using apps on my phone and google calendar, but I just am...
This is something I hear on Dave Ramsey. I'm not sure I agree with the numbers but I agree with the general ideas.
o what do the rich do every day that the poor don’t do?
Tom Corley, on his website Rich...
Hello,I am doing real estate part-time. I am dedicating 2 hours a day for my business. My goal right now is to do flips then rental properties down the line. My partners and I have gathered some leads for direct mail....
So I am married with 2 kids and work a full time job, I know there are people who are in the same situation but are very succesful with Real Estate Investing, My question is when do they find the time to look for deal...
I'm looking for the best and most efficient way of finding motivated sellers? I have real buyers in Mikwaukee, Chicago and Tampa, now my goal to create a seller pipeline.
Hello there. I am in the starting stages of becoming an investor. I would like to invest in rehabs/flipping. On my todo list is to find lenders, private lenders that is. What is the best way to start?
I know STR income is treated as active by IRS (like a hotel) and I have S Corp. My accountant used form 8825 (rental real estate income for S Corp). Is this correct? I would have thought it should appear in a differen...
I'm sure everyone has some knowledge to bring to the table but might not know everything about saving money on your taxes so this thread is here to help make a collective list of ways to save money on your tax returns...