Let's say you do a cost segregation study on a short term rental and with bonus depreciation you have a loss of $100,000. Does that roll over as a credit for future income or do the IRS actually send you a check?  

Greetings everyone

Please help me understand mortgages , what's the purpose of a mortgage company /bank if they still need to get permission from underwriters .

Terea

Hi BP,I’m struggling to calculate the potential tax benefits for owning a real estate investment property. My research has shown that the following are the greatest available rental investment property tax write offs:...

Operating income is a key 🔑 measure of success for a RE 🏨 strategy. It's the net income generated from the operations of a property, and it can make or break your RE strategy.
1️⃣ Rental Income $2,4002️⃣ Expenses $1,...

Hello,First post in this forum. I am looking into becoming a real estate professional to grow my portfolio long-term and to reduce my earned income tax %. Would becoming a REP and materially participating in rentals r...

Hi all,
I am on a H1b visa W2 income. Spouse H4 visa no EAD stay- home-mum. We have been working together in acquiring investment properties. Can she qualify as a real estate professional under IRS rule to reduce tax...

Through my employer I have a 403B.  I don't have the much money in there.  I'm probably going to be paying a decent amount in taxes this year, I made a lot more than last year.  What I was thinking was putting in a lo...

Hello,Wanted advice from BP.  I am a big reader over at various 'retire early' sites (Money Mustache, etc.), and have a decently high savings rate after tax.  I am trying to maximize my tax savings through real estate...

Hi- I own an SFR investment property that a family member helped me rehab. I own the property in my name. Question - can I 1099 my family member for helping me rehab the property and increase my cost basis and reduc...

 My tax consultant says if I do an active loss type of tax return I get more return  but I lose on capital gain tax if I decide to sell these rental properties in future. But if I do a passive loss type of tax return ...