I have two rental properties and a primary residence. My two rental properties my wife and I have on 15 year fixed mortgages and are about two years into it. They are in the Tampa market. They have a significant amoun...
My accountant is worried about my home being sold some day, and the rule about 2 out of the last 5 years rule?
I'm looking for some help with the IRS rule 262 Or Publication 523.
I've owned my principal residence ...
If I purchased and placed a property in service in 2023 and I have no need for the bonus depreciation on my 2023 taxes, can I claim bonus depreciation on the property for 2024 taxes? If yes, what would I need to do?
Hey guys, Ive been reading large amounts of posts, and came across the term slumlords, something I never heard before. Does owning rental property in low income areas make you a slumlord? Or is it when you let the pro...
So I’ve borrowed against my 401 k to purchase my first short term rental property. Fortunately it’s doing really well. I need funds for my next properties and I’m planning to liquidate my 401k so I can invest that mon...
Hi BP, I'm an out-of-state investor from Denver exploring TN markets. It seems like Nashville and Middle TN get most of the attention, but I have business connections in Knoxville and am wondering what the investing l...
So my standard rei strategy is buy and hold rentals. That works for me a my goals for a number of reasons. One reason is that it fits well with my also having a full-time W2 career.
In my W2 world, I am in the pro...
I am 64 years old, working and am saving 401K offered my my employer. I'm planning to retire in one year but instead of depending on my 401K as my sole retirement fund, I wanted to buy a rental property to supplement ...