Hey all,I will be extending an offer tonight for a multi-family home that I would be living in. It is a two family home; I will live in one unit and rent out the other. I am trying to get a full understanding of the e...

Do any board members have experience with low income housing tax credits? I would love to get a run-down on them as well as some pointers to helpful resources to learn more about them.

Hey to all!! I have a question hopefully a great mind can answer. I just because aware of “ low income housing tax credit” I was hoping someone can tell me in laymen’s terms how this works and how can I get into in Ne...

Like Texas, Florida You get bigger returns when analyzing two deals with same cap rate with one in FL the other in NY? Right? 

I'm trying to get a better understanding of how much of my rental profit I may be able to keep. If my AGI is $150,000 and my rental profit is $24,000 for the year,  after paying the PITI and expenses, in a rough estim...

My wife told me that she heard rental income up to the price of the mortgage was not required to be reported for tax reasons. I have never heard this and to me it sounds wrong but when I mentioned it she said that I w...

With an income of $250k, taxes are killer.  I know there's a better way...Assets:160k in a fully owned home (renting w/o an LLC--need to set this up pronto)65k in a financed home (going to rent w/ an LLC)35k in a fina...

How is rental income taxed? For example if I have multiple investment cash flow properties and when tax season comes. Is the total income whether vacation rentals/ long term rent, taxed as regular income tax based on ...

For our live-in duplex we charge tenant's 1/2 of the monthly water bill. This varies each month. Is this amount considered taxable income and added on to their monthly rent? If it is, can it also be counted for as an ...

We're starting our flipping business this year in order to fund our buy and hold strategy. And I understand that income from rehabs/flips is taxed at the highest level. However, we intend to use all profits for the pu...