James Wachob
Passive income just outside of Memphis, TN
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $235,000
Southaven, MS is only 15 minutes from Memphis, TN. This long-term buy and hold will produce great cashflow mov...
Cameron Mehta
Looking for other good passive income investments
I have 100k invested with PPR Note- it pays .83%/ month, has been super easy and consistent.
Although they have been fantastic, I would like to find other avenues with similar track records and returns to diversify ...
Alexandra Isenhour
Passive and Regular income when filing taxes
I have $200,000 in regular income for a separate business and $200,000 passive income in real estate investments business and my accountant files them together. Shouldn’t they be filed separately? By filing together i...
Barry Ratliff
What are some best passive income strategies?
Looking to invest in low involvement real estate passive income strategies in Texas.
Bill Rider
Offsetting passive income with Real estate investment
I am looking for some ideas as I have around 60k of passive income generated from Investment in Tresuries in addition to my w2 income. Can i purchase land and offset the mortgage payment against it as passive loss and...
Frederick Hawkins
Tax Question - Passive Real Estate Investment Income
Hey BP,Looking at starting an LLC to manage future investment properties. Anyone have experience operating an LLC and not having to pay self-employment taxes? Here's my understanding of the IRS code on this question...
Kera Covani
Coin Laundry Business - Is it passive income?
I have recently sought interest in another possible income stream, the Coin Laudry business. I have found a couple in my area and am starting to analyze to determine if this would actually be a profitable and passive ...
Julio Gonzalez
Utilize 5G Leasing to Increase Passive Income
As real estate property owners, we all know that we can rent out units and homes, but have you considered leasing out your rooftop? I’m sure most of you are familiar with 5G connectivity. 5G will not only be faster, b...
Josh Smith
Schedule E (Passive losses) -> 1040 (personal income)?
Hi
I recently had my 2022 taxes prepared (not yet filed) from a firm and I noticed that they took line 26 of Schedule E “Total rental real estate and royalty income or (loss)”, which is say -$5,000 (notice the minus/...
Pam Smith
Schedule E - filing as non-passive income
Hi all-I was reading one of the blog posts on the Short Term Shop blog about Schedule E vs C, passive vs non-passive. In the blog, they reference, "According to Treasury regulations, vacation rental owners who rent th...