Jeff Kelly
Get Delayed Financing, then subsequently get cash-out refinance?
Let's say someone pays cash for a property (and for the rehab) and then gets Delayed Financing for 70% or 75% of the purchase price (and rehab) soon after purchasing. My question is whether that person could then get ...
Jason Wilde
Rental Expenses and AGI
Hello. Long-time lurker here. I'm hoping that someone here can help me.I'm trying to estimate my AGI (assuming rental income only), but am struggling to find straight answers. I have my lease agreements set up where I...
Ryan Driscoll
Pricing a rental - separate or combine utilities & estimate cost
Hi all,Just purchased a house - it is an owner occupied 2-family. The house is a converted single family --> two family. I could use help identifying my options for what to do with utilities. This is the current si...
Amby Bhagtani
Depreciation against W2 - Income
Hello, I make a money through W2 as well as stock options. Right now my taxes are high, due to stocks. I am curious does depreciation of rental assests reduce the total taxable income? Thanks, Amby
Charles Mangum
Should I try to minimize losses if I phase out for most of them anyway?
I have a loss on a single rental property of about $3,500. Because my MAGI is $150k the loss is phased and I am not able to reduce my income by the loss. If that's the case should I not include all of the expenses t...
Joe Wood
Reducing taxable income ideas
Hello everyone,Interested to see what are some good ways to increase deductions in order to reduce taxable income. I am already acquiring one more property, but looking to see if anyone has some creative ideas out there.
Armeen Mazda
Depreciation recapture and passive losses when selling property at a loss?
I have a rental property with the following situation:-$155K of passive carryover losses-$100K of depreciation taken-$700K adjusted cost basis (purchase price less depreciation)- $775K net sale (selling price less rea...
Account Closed
Thanks Bob Corker for pushing 20%
i thought 20% to LLC real estate was already included, but thanks anyway! it's odd that nobody on BP seems to really be talking about all of this?
Ron Nir
What Are the Benefits of a Property Manager in Las Vegas?
What Are the Benefits of a Property Manager?
Navigating the Las Vegas rental market can be volatile, due to its desirability and tenants looking for both long term and short-term rentals. Having a property manag...
Angie C.
If I have properties in a trust that are paid off- would this count against me in dti ratio
if I have properties that are paid off and in a trust are those counted against dti (debt to income)?Trying to buy more rental properties and banks says that my dti income is too high.