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Results (7461)
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...

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...

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...

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....

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...

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...