As someone hits $150,000+ MAGI, rental losses no longer helps for non-RE professional.  So in essence, you would actually want a 0 or slight positive in Schedule E as it can boost DTI calculations for another loan app...

I know the answer is likely talk to your CPA, but I am hoping that someone can shed some lights on this.  I know a lot of it depends on a lot of dimensions, but I'll try to be specific as possible.I am considering ear...

Hi! Looking for an investor friendly real estate agent in the Bryson City and Maggie Valley area that is knowledgeable about the area, and is knowledgeable about STRs in the area and surrounding. Wanting bigger pocke...

I am a broker in NC and am interested in helping a real estate investor work out a vacation rental investment deal for the property in the title. Please look at it and let me know if you may be interested in flipping ...

Hello all! Richard Coyne here – I joined recently..BP is AWESOME!I stumbled around a bit trying to figure this RE investing thing out.  I found my way to my local REIA. A REIA friend told me about BP!  I wish I had fo...

Hello,
I'm looking at purchasing a property or two in the areas around Asheville, NC to rent on airbnb. The main areas I've been looking at are Maggie valley/Waynesville and Lake Lure.
Has anyone had success in the...

I should have asked this before Thursday but, oh well, I’ll ask it now!This past week I found a potential duplex in a decent part of town. I asked the listing agent for rent, costs, remaining loan, etc. she returned a...

I've searched the site (forum, blogs, etc.) but can't find a straightforward answer to my question.  Does anyone have any experience calculating MAGI, specifically for determining 469(i) offset? My question is, do I s...

 I have couple of question for accountants:1) Is there anywhere on a tax form that calculates your total income?Total income: from everything; from W2 + from rentals, + every other income , without any deductions. Ev...