Alecia Bolton
Note Investing: Passive Income & Taxes
In another thread, @Chris Seveny and @Tracy Z. Rewey mentioned that investing for passive income in notes (performing notes/monthly cash flow) isn't great from a tax perspective, and you should use that in a tax defer...
Michael Dunn
Taxes & Rental Property/Income questions:
TAXES:Before I file my Taxes for 2018, I want to make sure I have all my ducks in a row.So I need to Definitely Write-Off the ........... Taxes, Interest and Insurance on my Rental property?Regarding Depreciation, do ...
Alec Larson
Tax Question - Net or Gross Income
Thank you in advance for answering my question. I've been a contracted musician here in Orlando at one of the theme parks for 2 years. It's very steady income and I receive a 1099 each year. I'm also a contracted web ...
Rebecca Ray
Landlord income taxes - tips and tricks?
I'm going over tax returns for an ill relative who's a landlord and I need some advice. A CPA does their taxes for free as a personal favor but it looks like a 12 year old could have done them and I'm guessing it's co...
Henry Li
Rental income tax for international buyers
Hi, I had several international buyers who were travel visa holder. They purchased some rental properties here in Mass. I heard that the first three years are tax free. First of all, is this true? Secondly, what ab...
Garrett T Colburn
Proving Rental Income And Tax Deductions
Okay, so I haven't bought an investment property as of yet, but I'm looking to soon. Either by putting cash from savings down for the 20% or using my HELOC as the down payment. But something that I am very curious abo...
Harrison Biddulph
Reporting rental property income (tax questions)
Hello Everyone,
My sister and I recently inherited a paid off rental property that nets around 20k a year. This house is held within a living trust that my parents set up. All assets within the trust are supposed to...
Carlos Guzman
Rental Income Taxes Guidance - Orlando, FL
Am a US foreigner and purchased (cash) a property in Orlando, FL in order to rent it long-term. Based on my understanding I would need to pay taxes on rental income and there’s 2 ways on how to do this:1) Need to pay...
William D.
Tax help with W2 and income
Am I going to get flagged for asking for tax help?? I need a real estate tax person.
Bill Roe
property taxes expense % of rental income
Hi, I'm new to the site, and just starting out with renting a property I inherited. I'm just wondering if there is a general rule of thumb as it relates to what portion of your rental income should offset the propert...