I am looking to purchase two properties in the Phoenix area. Both are in the same subdivision and one would be a rental while the other would become my primary residence. For liability purposes, I would like to hold b...

I'm currently in the process of purchasing my business. I'm also purchasing the building on a land contract. My question is when it comes to taxes, who gets the tax benefits of depreciation, etc? The seller or me? ...

My spouse and I own rental properties. Our longstanding property investments had passive loss carryovers from the earlier years that are now going down each year due to passive profits. (The rental market is very stro...

Curious to understand some of the tax-related nuances with regard to taking a more passive approach through a syndication investment. Specifically, how this type of investment is typically treated for tax purposes (i....

Hello everyone.  I have 3 rentals, one in Anchorage Alaska, and two out of state.  With all three, I have Pet Rent.  My property manager in Anchorage separates the pet rent from the general rental income on every stat...

Lets assume a Scenario: A new investor who invests $150K on a first rental property. No other retal or home mortgages.
IRS: US govt already allows a "Standard Deduction" of S24,400 (Married joint filing). The other o...

Keep hearing about new tax law, but haven’t heard how it will actually benefit us. Can someone please explain it where I can understand what this all means. Tax laws for Dummies, keep it simple lol

Hi, I was hoping to get references to reading material (layman terms) regarding tax benefits and strategies for LLCs. ThanksZona Properties and Investments.

1. Opportunity Zones - Jobs act of 2017 has stimulated growth by offering tax incentives in special zones around the United States2. Refinancing or Tax-Free borrowing - When you refinance, you are able to borrow again...

I've got an accountant who has been encouraging me to maximize contributions to a defined benefit plan despite my goals to invest in real estate. While I appreciate the tax deferment, I'm concerned about the following...