Do you calculate your NOI over you Gross scheduled income or just your Gross income?
I am a new real estate investor. I am starting to look at taxes and have a question about Schedule E. I have some expenses that I have incurred this year that do not coincide with a single house that I am still hopi...
Hi, I am a newer house hacker and will be looking to purchase another property in 2023. As many may know, house hacking you rely heavily on the rental income to be able to qualify for more debt. This year I spent allo...
I was looking over the schedule C form, and I dont quite see how one claims the 20% pass through, QBI. Any of you tax experts out there have guidance? @Brandon Hall @Natalie Kolodij
Good evening tax pros! I am running my sample 2022 tax return in order to figure out how much federal I'll owe for the year. I bought a property this year that was a good candidate for a cost segregation study, and I ...
Hi Guys,This is a question that has always been on my mind but i can't quite seem to find the answer too.Currently i own a few rental properties in Las Vegas. I live in California and would like to go to Las Vegas to ...
I recently did a cash out refi on an investment property to pay off the line of credit I had used for the downpayment on said property.I have about $5k in funds left over, and I'm trying to figure out what to do with ...
Hi fellow RE investors,
I am trying to finish my taxes for 2011 .. The same question that hunts me every year raised its ugly head once again.
Issue #1:
I have two times of expenses, routine maintenance that sometim...
I am trying to understand how depreciation is calculated with respect to improvements. Please correct me if I am wrong, but my understanding is lets say I have a property I purchased at 200k. Lets say 50k is the value...
Hi Bp I have been an independent contractor for most of my life. I am trying to understand exactly what a typical bank looks for when I apply for a residential mortgage. What number on my tax return will they use to ...