Hi BP!  I am currently looking for multi-family investment properties, and would like to see if the following criteria are reasonable.  cap rate: 5.5% (Even this is probably stretching it as many buildings are ~5% now...

I have a couple units in the same market. The first unit I got signed with a PM and have been very happy with them. Standard stuff, tenant pays all utilities. Water and Sewer must be in my name, but the tenant is sent...

Hi,

I have couple of rental properties which currently generate losses (because of depreciation etc).

My accountant is telling me that I cannot deduct losses from my income because I make more then 150k at m...

I am currently going through underwriting for the first time. I was able to meet the income qualifications for the loan I am seeking, but found it very odd how underwriting treats passive losses for income qualificati...

Hello, I make a money through W2 as well as stock options. Right now my taxes are high, due to stocks. I am curious does depreciation of rental assests reduce the total taxable income? Thanks, Amby

Schedule E shows $52k in losses for 6 properties. Due to mortgage interest, depreciation, repairs, supplies, maint fee, etc. But allof that only reduced my earn income by $6k. Sounds like I’m doing something wrong. Th...

I'm getting quotes for our first investment property. All of the quotes are including rental income replacement. What are you all doing?

The real estate professional rule states:"A taxpayer will be considered a real estate professional if (1) more than one-half of the total personal services the taxpayer performs in trades or businesses are performed i...

Hi all - I know this topic has been hit on a few times but I wanted to ask my question in a very specific manner to get collective expert feedback.  I understand I should consult my CPA, and I will.  They are, however...

I live in Kansas. My single-member LLC is registered in KS. The LLC owns property in MO. The MO property had a net loss for 2024. I understand I file for the net loss. But do I do so in KS, MO or both states?