Hi Community Newbie to the community looking to get started in rental properties.  I've heard of people using rental properties to lower their taxable income but I'm not clear how this is possible.  From what I'm gath...

Can Only a PART of paid OPTION Consideration Funds be NON Taxable ?In the process of BUYING a PURE Option to buy a SFH subject to an existing loan (at a lower fixed long term interest rate)Let say the OPTION "Strike ...

I currently own a duplex, incoming rent after management fees comes to $2256, mortgage is $1252. I obviously am setting a good portion of the cash flow aside for futureExpenses but how much should I be setting aside f...

Hi All,I understand that there are great tax benefits/write offs as it relates to the purchases you have made towards your rental property like depreciation, maintenance fees etc...My question is...Are there any tax b...

Hello all,
I am looking to get a cost segregation study done on my newly purchased 8-plex in Aberdeen, Washington.
Does anyone have any recommendations for me?
Any tips or things to think about moving forward?
Thi...

As we go into 2019, figured I'd share a  tax related planning tip that I personally feel will be important for business owners and RE professionals moving forward.  For complete details, please reach out to a tax prof...

For those licensed agents out there....when you buy a property for yourself, either personal residence or investment property, you typically receive the buyers agent commission.Is this considered taxable income? Or is...

I just bought my first multifamily property and I have been thinking about how to maximize my tax benefits on it. If i can write off property management fees as an expense, can I pay myself (either as a sole proprieto...

Hello,I am exploring the possibility of converting some or all of my Rollover IRA account into ROTH IRA account to reduce my tax burden when I retire. I understand that this would be a taxable event and I would be req...

I am currently looking into buying a rental property. However I will pursue the deal that makes the most sense and wanted to confirm I am on the right track in regards to my understanding of tax write offs. I plan on ...