Does none know if there is n income level at which you are not allowed to take tax deductions fom RE? Ex. If you are a high income W2 employee and want to start investing in RE. How does he 86 tax law effect you? Can...
When you guys calculate ROI on a rental property do you typically include the equity gain from paying down your mortgage?Just trying to compare the returns on my rentals versus my investment accounts. I currently have...
NEVER CONVERT CASH in YOUR IRA or 401K into ROTH!!!
Here is why. If you do so - 100% of the cash converted is taxable. There is a much better alternative!
The alternative is to set up a self-directed IRA, or better,...
Here’s the situation:Been listening to the main pod for a few years now, attended countless webinars at various times, some more serious than others because I’ve been in analysis paralysis phase for awhile. My wife an...
Is it legal, per the IRS, to rent my primary home back to myself? I have some upcoming repairs needed that outweigh the Homestead Exemption and plan to make my primary home a long term rental in the next 7 years but t...
Howdy BP community. This is my first post. Hopefully I'm not asking foolish questions! Let me first say, I'm very interested in getting started in real estate. Aside from prowling around on forums and listening to...
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...
This is a question for the syndicators out there. Are you guys cashing out your LP's after you refinance a deal and then having the GP taking 100% ownership ? I've heard a few different schools of thought with this s...
My younger brother will likely be doing some of the general labor around my first rehab project. He is going to likely be using some of his hours towards his internship program at school to graduate. I'm curious, wh...
Hello,I am new to investing and I lack knowledge of how to use my passive losses from rental properties. or more than lack of knowledge, I just don't think my CPA knows this topic well. Lets say that i have a total o...