Hey BP! First post and it’s great to meet you all. I would love some advice / perspective… I live in the East Bay Area here in CA, have a great W2 and good sales commissions, and want to start RE investing. I’ve been ...
Hello!My brother and I have invested in a duplex. We closed on the property very recently. Mortgage is under my name and we both are on the title for the property. Can he claim tax benefits next year?If not what can ...
I am well aware of most of the tax benefits for an active REI or as the sponsor of a syndication, but are the tax benefits the same or different for a passive investor “member” of a syndication?
I am about to run a s...
I'm putting together a simple LLC to bring a partner into two 4 plex's I'm buying. I typically pay a 40% tax rate so I always include the annual depreciation amount x 40% as part of my cash return. If I'm doing an LLC...
I’m new into the world of real estate and close to getting my first rental property. I’m still confused on tax benefits and looking for some assistance. I’m a high earning W2 household ($400k), and I also have around ...
Considering the tax benefits of seller financing for the buyer and seller.
I'm looking to move my properties into my LLC. I wanted to know if I will still have the tax benefits of real estate even though the properties are in my LLC name
We are house flippers and looking into setting up an LLC as we have other partners now. I am not that focused on the liability benefits, but the tax benefits. Would love any input.Thanks
Hello all,New here and wanting to hear more about some real estate investing tax benefits. My wife and I are investigating in Multi Fam and I want to hear from the BP community about the best tax benefits y'all have f...
Hello BP, i been talking to a skilled CPA in real estate & he told me investment holding company have little tax benefit compare to a nor business company because the expenses are usually occurred in a normal busi...