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Results (7465)
Nate Santillanes what is your tax strategy during buy-and-hold growth phase?
16 October 2014 | 11 replies

As the subject questions; what is the most effective tax strategy during the buy and hold growth phase? While working to grow and add additional properties, would it be a good idea not to report any expenses to your C...

Kyler J Sloan Basics of Tax Deductions
3 October 2022 | 11 replies

This will be the first year that I get any tax benefits for the work I have done on my first rental, and I wanted to understand the very basics/fundamentals to determine how much I might get back. In my profit/loss st...

Cindy Tang Can Depreciation be adjusted if it's not limited in prior taxes?
8 March 2019 | 1 reply

I have 2 rental properties, Texas and Georgia. I sold one in GA in 2018 (which we purchased in 2007) and didn't do 1031 Exch. Now, the depreciation hit me back as gain when doing the tax report. However, I reviewed th...

James Likis Tradeoffs: amending taxes with cost segregation & bonus depreciation
15 September 2023 | 13 replies

When filing our 2022 taxes, our CPA did not mention or encourage us to do a cost segregation study to capture bonus depreciation on the two properties my wife and I acquired in 2022. Our goal is to invest aggressively...

Ows News NOL Carryforward
13 March 2008 | 2 replies

I rented out a property in another state. Due to a number of factors, the rental property has generate losses. According to the IRS, there is a limitation as to how much (loss) you can deduct. The Limit is $25K but if...

Olga Daisel Tax on loss and gain
16 April 2024 | 5 replies

Folks,I have rentals in 2 states which in total show negative. Now, the one in Illinois has a gain, but once again if I add loss from the others the total is negative. Should I pay state tax on the one that shows posi...

Guru Srini Fourplex Deal Analysis
8 March 2011 | 4 replies

Hello,

Can you please help me in this fourplex deal analysis

My goal is cash flow long term

Sale price - 440K
Rent - $3675/Month
Down payment - 110K
Loan - 330K at 5.5% rate
Location - San Francisco

Thanks
:cool:

Rick D. Tax Savings from Rental Properties
5 July 2017 | 3 replies

I realize a real estate investor “makes money” in four basic ways. Cash Flow,Appreciation,Principal Reduction, and Tax Savings.In order to properly estimate my returns I need to assign a dollar value to each of these....

Jessica Ferraro Self employed, meet IRS def of real estate professional too. How to take losses?
8 September 2023 | 13 replies

I'm self employed, but last year my duplexes took priority and earned me the distinction of meeting the IRS definition of a real estate professional. I'd like to take advantage, but I can't see how to do so. I have lo...

Timothy Solomon REPS status for wife (to avoid taxes associated with sale of biz)
22 May 2021 | 7 replies

I am about to sell my business and make a substantial amount of income from it. Does anyone have any experience with getting REPS status and immediately investing the money in real estate from the sale proceeds to avo...