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15 Undeniable Reasons It's Time to Sell Your Investment Property
Deciding when to sell a rental property can be one of your most challenging decisions. The problem is that real estate markets are constantly changing. Selling a rental property too soon could mean missing out on a pr...
Steven Morris
1099 Main Income - Can I offset it with my rental expenses
Can I deduct my rehab expenses from my 1099 wage earned at work, to offset my high income? I make 93$/hr (193K a year) on my 1099 and my wife makes around 95000 a year salary. I also purchased a rental home and I am g...
William Curry
Does a gift of equity on a house mandate a capital gains tax?
My aunt is selling me a house in NJ for 400k and it is appraised at 480k. The 80k is going to be a gift of equity. Does she need to pay a capital gains tax on the 80k?
Jorge Abreu
How to Find Off-Market or Out-of-State Real Estate Deals
Savvy investors find hot commercial real estate investments outside their local market by exploring out of area markets. If you take the initiative to look for commercial real estate outside of your local area, you ar...
Shubham Agrawal
Renting rooms in Primary Residence and using STR Loophole
Hello,
I am new to real estate investment and recently found out about offsetting W2 income using Short Term Rentals. If I buy a residential property, start living in it (let's say occupy one room) and rent the rest ...
Nathan Huyett
Help with DTI breakdownn
My wife and I have started looking for a new primary residence. I hold the mortgage for our three-unit property; my wife holds the mortgage for our current home. When speaking with a lender, he indicated that if I tak...
Anderson S.
How are You Building Lasting Wealth Through Real Estate?
I've been hearing a lot about the potential of real estate investing to build lasting wealth. How are you generating steady cash flow, benefiting from appreciation, offering tax advantages, and diversifying your inves...
Chris Heeren
How does a BRRRR investor calculate how much they make a year?
I receive the majority of my income through Buy & Hold Real Estate and am looking for a way to calculate how much I make a year, sounds simple right? I currently own 90+ rentals and buy 20+ properties a year usin...
Aaron Murphy
Schedule E tax question
I am looking for some help to clarify the way that income reported on my taxes will affect my debt to income ratio? It is my goal to minimize my income as much as possible using legitimate expenses and depreciation e...
Jon Holdman
No income but plenty of cash
More than once someone has written something to the effect "I have plenty of cash but no income on my tax return." Usually in the context of trying to get a loan. I do understand deducting expenses, depreciation, an...