![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/645158/small_1621494552-avatar-dons43.jpg?twic=v1/output=image&v=2)
So if I have a tax loss due to depreciation, etc., when I get asked on the tax software if the Business Investment is at risk, what is the correct answer? Is it All at Risk, Some at risk, or N/A? I have a hard time an...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/106123/small_1694659803-avatar-larold.jpg?twic=v1/output=image&v=2)
I got a $65,000 income tax bill today. Is there any way my business can provide me with some deductible fringe benefits like a company car, health club membership, life insurance, etc?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/789533/small_1694911696-avatar-teresias.jpg?twic=v1/output=image&v=2)
What is the tax treatment for the different income streams from Lease Options? Is the Option fee self employment income (business income) when rec'd by a "future potential buyer"? Can the monthly income be "rental i...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/226085/small_1621434534-avatar-dchow7.jpg?twic=v1/output=image&v=2)
Hi. I'm new to the forum and would like to see if anyone has info on how to shelter income from being taxed? This is a hypothetical question since I have not started the purchase of a multi family unit yet. My tax guy...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/520114/small_1621480972-avatar-timw61.jpg?twic=v1/output=image&v=2)
I have been reading up on not having to pay tax on gains from a investment property if you use those gains to buy more property.
Is that still true if you take the gains and put them into paying down your primary h...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/154381/small_1621419864-avatar-rada.jpg?twic=v1/output=image&v=2)
Here are the income tax brackets for 2014 and 2015 (from Bankrate). The same six tax rates still apply, but the income that falls into each in 2015 is adjusted for inflation.http://www.biggerpockets.com/blogs/5881/blo...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/10259/small_1694563553-avatar-sniper.jpg?twic=v1/output=image&v=2)
My CPA advised that since I will be managing the rental myself, rental income qualifies as Active (=earned) income (vs. Passive).
Does that sound right?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1433593/small_1621512259-avatar-investorjewel.jpg?twic=v1/output=image&v=2)
Hello everybody, Is there any income tax preparers in the Lexington, SC area that is investor friendly/knowledgeable that you would recommend?Thanks,Jewel
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/170974/small_1621421241-avatar-frankdoodles.jpg?twic=v1/output=image&v=2)
I an a newish investor and new to BP. My question:
In looking to build passive income. . . why would I choose a rental over a tax lien? I'm here in Kentucky, and the interest return rate is 12%. Which is wha...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2882727/small_1701003484-avatar-ryanl867.jpg?twic=v1/output=image&v=2)
Hi - I am a new investor starting to invest in long term rental properties. I am a high income W-2 earner based in NYC. What tax strategies do folks recommend? This will be a passive investment.