Tom R.
My plan to 6 figures in passive income.
Hello fellow investors . I am an absolute beginner. I am closing on my SFR in a couple of months. My goal is to make six figures in passive income in ten years . My first property I purchased for $99.5k. I put $20...
Anya Stewart
Creating Passive Income for Senior Parents through REI
Hi! So excited to be a part of this community.
I am planning to move my parents to the US soon within the next 1-2 years.
I have good chunk of cash to work with and I am trying to think of passive income strategie...
David V.
Deducting passive RE losses from nonbusines income (salary)
Can I deduct passive RE losses from nonbusiness income?? I was not aware of this. Is this true??? See section in bold/underlined belowBelow is an article from the Washington PostTax change in coronavirus package ove...
Aaron Murphy
Using depreciation to offset active vs passive income
I am in the process of setting up a house I have recently purchased to be a rental property. My understanding is that I be able to use depreciation of the asset to offset income from the asset so that the property sho...
Andrew Bellini
RE syndication depreciation NO other passive RE income
I am looking to break into the real estate investment group and am particularly interested in RE syndications. I have no other passive real estate income and am a W2 employee.
Reference depreciation, the syndicatio...
Paul Choi
Starting with investing, flipping and ultimately passive income
Hi all!Love BP and the community here! This is my first post but I've been a lurker on the forums for about a month. Listened to about half of BP's podcasts on youtube, read Rich Dad/Poor Dad, networked with a few r...
Ankit Gupta
Feasibility of generating significant passive income with LTR
Hello,Having delved into the informative realm of the Bigger Pockets podcast and other materials, I've learned that, optimally, a long-term rental investment might generate a monthly profit of $100-$200 per property. ...
Nirmish Sharma
offsetting passive losses ( rental) with w2 active income
Hi, I have three rental properties in Houston (TX) and all three have passive losses. I have regular W2 job and thus active income. I file jointly with my wife. She does not have active income.what is best and easy wa...
Andrew Angell
Is interest from private lending considered passive income?
I'm in a syndication that pays monthly distributions but will provide a K1 with paper losses due to depreciation.I am looking to do some private lending where I would be receiving a 1099-INT from the borrower on inter...
Hannah Taylor
FIRE/passive income via out-of-state landlording?
Background: We (me, 25F, and husband, 28M) are semi-low earners for the FIRE community and the urban area we live in and have hit a point where it's hard to reduce expenses much more. We'll work hard to increase incom...