I have read a lot about advantage of claim "active participation", but no article about any pros on NOT claiming active participation.
I have placed a couple of properties in service in 2019 and will have a loss that...

I have read a lot about advantage of claim "active participation", but no article about any pros on NOT claiming active participation.I have placed a couple of properties in service in 2019 and will have a loss that c...

What are all of the possible tax deductions when claiming a rental property? And assuming I have a rental property paid off, and I have a W-2 job, do I save money on both taxes? Or one or the other? Also is there any ...

I'm not really sure which forum this should be in. But my question is, how do tax write offs work as far as repairs and upgrades are concerned? I have read and heard some people say any repair and/or upgrade you pe...

I own this paper and the borrower made a solid offer to start paying $6000 up front and $700/month.  He has a 6-figure income and can afford it.  Here are the other numbers:MV = $50k and decliningUPB + arrears = $211k...

I've tried searching the forums, but couldn't find an exact answer to this question. Depreciation reduces the cost basis of your property, and has it's own, 25% depreciation recapture tax rate when you sell. So if you...

Hello all, I have never invested with a partner before but looking at possibly doing it in the near future. I have lots of questions on how it would work, we agreed we would go 50/50 split all expenses. If we invest i...

My wife and I are looking for our first investment property.We plan on growing and becoming financially free.Is it best to take the robert Kiyosaki spring and take as many deductions as possible to keep from paying ta...

Hey BP family! I am really needing some advice on this and I hope that I can explain it well enough for you to be able to answer my question.So my situation is that I am self-employed (Realtor) and the last 2 years I ...

My understanding is that when purchasing a STR property using a 10% second home loan, you can't use potential STR revenue to qualify for the loan. If this understanding is true, does your revenue count towards reducin...