Hello everyone, I am looking into buying my first Airbnb and the sole driver for this choice is to be able to take depreciation of my two LTR properties against my W2. Can anyone poke a hole in this approach ? Also, w...
Hi All,I am looking for deal structure suggestions on a unique situation that involves a home held in trust.I have a seller who owns and rents out an SFR that has an FMV of $~2M. He and his wife hold it in a revocabl...
We are going to build a personal home. We have a lot of equity spread out over 13 of rental properties, and we don't qualify for a home mortgage to be sold on the secondary market due to so much self-employment incom...
Hello. I’m wondering if anyone can give some insight as to what tax advantages there are to being an equity partner on the down payment of a commercial deal? Do you still see tax advantages of depreciation and how c...
Good afternoon everyone! So in my self-education on notes, of course learning about that the interest portion of payments are taxes as normal income (assuming no self-directed IRA situation). Is there any strategy t...
Looking to get some clarification in terms of refinancing my second property and that paying taxes part. Still trying to come to terms on maximizing tax benefits. (Not sure if I did properly on my first refinance and ...
Hello! My mom owns 5 rental properties. She is telling, me since her and my stepdad make over $150,000, she cannot utilize tax write offs until they sell the property. She is claiming that the write offs will be used...
I’m trying to do is “subject to” deal but only for a couple months and then I plan on taking over but only after I do some updating...meanwhile there is a tenant already in place (just a FYI) do I get to write off th...
Anyone have any interesting tax benefits that I could use in the Houston Texas real estate market or any general tax advice? Any CPA’s in the Houston area or tax advisors?