Hello Bigger Pockets.I can't find the answer to my entire question when I search. I am a real estate professionalI had a loss on a rental property last year.My income is over $150,000Can I write off the loss this year...
Hi all, I am new to this board, and I am new to investing in real estate. I am looking forward to connecting and learning from those who are more experienced in doing passive income. I am in NJ, but I would like to ...
I just finished last year's taxes and have a large passive loss (after depreciation) on my rentals. But being a passive investor with large W2 income, I cannot benefit from the tax loss (at least thats what my account...
Hello,My CPA recently told me that the $50k we spend last year can not lower our tax burden because I have too high an income? Something seems to be missing here...I have never heard of this on any of the podcasts (I ...
I am considering taking my social security income early. I found there is an exception to the earnings amount limits I can make after taking social security when I receive income from rental rooms or apartments for s...
I've read how people create an LLC for their REI adventures and secure commercial loans versus getting conventional loans under their personal names. To my understanding the commercial loans closer quicker and are ...
Hey guys,
Thanks for taking the time to read this and any advice is greatly appreciated.
I'm immigrating back to the US with my wife and our kids shortly (she's the american, but I am a naturalized citizen). I have ...
Hello everyone, I am from Chanhassen Minnesota and have been studying real estate and learning the market for the last few years. Real estate intrigues me and always keeps my interest. I have been growing the savings ...
I have 2 different types of investmentsa) rental - keeps on giving me passive losses because of depreciationb) K1 syndicates - give me passive losses till they liquidate at which time I get a Long-term capital gain an...
I've read how people create an LLC for their REI adventures and secure commercial loans versus getting conventional loans under their personal names. To my understanding the commercial loans closer quicker and are ...