What would you do to help reducing your taxes with your rental property income ? we have more income from our rental homes this year which is a good thing but other hand we will pay more taxes next year. Any thought. ?

I’d appreciate some feedback on taxes.

My mom owns two houses outright. She resides in one of the houses, and I rent the other which had belonged to my late grandmother. These houses are in Colorado....

Hello everybody,
Hope all is well. I bought a condo last year on my personal name, did the work it needed & sold it later. To those who have done this before & have experience. What is the best & busines...

PHONE RINGS...My wife who does our real estate brokerage accounting and investment business bookkeeping just called me to say we owe $47K in taxes...{heart stops}.BUT I didn't blink an eye because I understand the tru...

I`m buying an REO with transactional funds and doing a double closing to flip it immediately.I`m buying for $43k total,reselling for $82k.Now the transactional funds are paid back pretty much at the end of the double ...

Hi thereI am new to investing, looking at a SFH for my 1st rental property and trying to understand the tax benefits that are often spoken of on the podcasts. But, my CPA says that because my AGI is >$100,000, I am...

I have been investing in notes since 2017 and it's been a pretty simple process. Several people in my area invest with a JV that manages the ins/outs and have had good results. We have had numerous discussions in our ...

Hello,

Quick question about how the IRS looks at 2 types of income in your company.

I have one BRRRR property and now doing a flip on another property.

Does the IRS look at the 2 sets of income completely separatel...

Like many of us, I have created my own spreadsheet calculator to analyze multi-unit properties. I am struggling to understand how depreciation and taxable rental income should be calculated in the spreadsheet.As I cur...

I just recently bought my first flip house. All in after closing cost I'm at $75,000. I'll have $20,000 in rehab and the ARV is about $130,000. Based on expressed interest I don't think I'll have any problems getting ...