Julio Gonzalez
Earn tax-free income renting out your home
Did you know that you can rent out your home for up to 14 days per year without having to report the rental income on your tax return? Section 280A(g) of the Internal Revenue Code is also known as the Augusta Rule. It...
James Fisher
Is rental income applied to social security earnings?
I feel like I should know this already, but am drawing a blank.As an example:John is 35 and has worked for 20 years. He has enough 'good' years to draw social security when he hits 65 (or whatever). Also, John has ...
Dustin Robideau
Any Lenders Count Income Earned From Primary Residence?
Hi BP,Looking for some financing advice as I find myself in a terrific cashflow position that lenders should love loaning to but on paper I'm falling short. The primary factor for both circumstances is that I rent out...
Matt Atkins
Earning part time income while learning the ropes
Good morning!
My name is Matt and I'm a small business owner here in Denver. I am incredibly new to the idea of real estate investing but have spent the last 3 months immersing myself in anything and everything I can...
Robert Johnson
Is the income from a STR considered "earned income" for tax purposes?
From my understanding, long-term rental income is not considered "earned income" but what about the income from a STR or MTR if I self-manage the rental?
Gloria Sheridan
Calculating % Replacement of W-2 Income with REI Earnings
My goal is to calculate how much of my W-2 income I've replaced so far with my real estate efforts. I've set up an Excel tracker to assess this and I'd like your validation of my approach. I'm already 5 buy-and-hold m...
Gina Thomas
Best Strategy to earn income with Wholesale Lease Options
I’ve been researching how exactly you can earn your income through the wholesale Lease Options strategy and I want to know hands down what’s the best and most effectIve way to work this srtategy. I’ve seen a few metho...
Carlson Driver
Do expenses on long term rental reduce earned income
I have a long term rental in a duplex (one of which is already rented) that we are just putting on the market. We have spent say about $10K of money to rehab the property before renting it out. Assuming that our taxab...
Xavier Garcia
Taxes paid on income earned through a regular job
Greetings everyone,I was wondering if, for example, I earned $200k in one year working and decided to invest it all in a property (single or multi) all cash, would I have to pay taxes on that investment, or is there a...
George Post
Parents Gift to Purchase a SFR- Taxable Earned Income?
Good Day!I have a client who is being gifted $170k to purchase an owner occ. SFR as a primary residence. The donor is her father who will also be living there as his primary residence, but will not be going on title. ...