Is there a way around the PAL as an investor who maybe just purchased their first investment property, both husband and wife work a w2 job, make $200k+ so the PAL doesn't give them any benefit, but the plan is to keep...

DEAR FRIENDS, MY NAME IS ARTHUR THOMAS I HAVE BEEN DESIRING TO INVEST IN REAL ESTATE FOR YEARS BUT DID NOT KNOW WHAT TO DO. BUT A FRIEND OF MINE TOLD ME ABOUT BIGGERPOCKETS. SO HERE I AM ASKING ALL OF YOU FOR HELP TO ...

With the standard deduction being 24k (or so) for married couples will one single family rental save us on taxable W2 income? I just purchased my first property and plan to BRRR it so it will have 20k or so worth of r...

Has anyone done this strategy, I know tony Robbins talks about this on his book money mastering the game book and google it and I find the same results. So have you done this with flipping a house profits, rent roll p...

I just read a guru ascertaining a tax strategy for commercial properties.

He said in order to avoid paying the large transfer taxes which result from the sale of commercial projects/properties, buyers frequently requ...

Let’s talk about taxes. If you are already groaning, you are going to want to read this. The trick with taxes is creating a strategy a year ahead, executing your plan during the year, and reaping the benefits the foll...

Hi all,We self manage our properties and save monthly for taxes and insurance for all of our properties. I can't seem to figure out a way to get journal entries correct in Quickbooks to keep track of each property. Te...

If I purchase and rehab an investment property, can I then deduct all my costs and expenses to wipe out most of the capital gains taxes after I sell?

Hi,With the 2017 Tax changes, the ability for homeowners to deduct property tax and mortgage interest is severely limited. Is it possible to just buy the house in a LLC and deduct those expenses while still living in ...