What other kind of income can I deduct with Rental Real Estate losses?If lets say I have $50,000 paper losses from my real estate can I use it to deduct short term capital gain? What about other types of "passive inco...
Doing some tax planning and was I was curious if anyone had insight on this scenario. I am an "Active RE Investor" so I apply all my rental losses to offset my ordinary income as a " RE wholesaler". (hope this is ok...
Some questions for investment property: 1) when you buy a house, does the 'clock' on the 27.5 years start over, regardless of when the previous owners bought it?
2) what is a ballpark building vs. land ratio to use w...
I have a situation where I plan to sell stock that is subject to long-term capital gains (20%). I plan to qualify as a Real Estate Professional.
Can I use the bonus depreciation I get from cost segregation studies on...
Guys - I am a limited partner & invest in a multi-family building passively that was sold resulting in passive gains for 2024. There are some accumulated passive losses but not much. Can I sell some of my stock he...
Hi Experts,Thinking of selling a rental investment that will probably be at a loss, it also had passive losses. Can I offset any of the below with these losses:1) Short/long-term capital-gains from stock sale2) W2 inc...
My mom bought these vacant lot properties in Phrump, NV and Kingman, AZ 15-20 years ago thinking that they would appreciate in value. At the time of purchase, it seemed that they was promise of the place doing well an...
I’m getting mixed signals on what the average rates are today for owner financing. Some say 8-9% since conventional financing is still low, others (who currently owner finance in my area) say 10-12%. Looking for anyon...
I have a rental with long standing tenant that cash flows ~$350 a month. Ive been thinking of about selling and doing a 1031 to roll the equity into 3 new rentals (2 net new) which would effectively triple my cashflo...
If my capital expenditures on a rental property exceed my rental income, can I use those expenses to offset W2 income or does it only offset passive income? I just got my first rental property rented and I’m trying t...