Jorge Sader
South Florida REI Mastermind Groups
Hi Guys, Does anyone know of any Good REI Groups in South Florida where I can go to bounce ideas and help each other overcome challenges?I'm a South Florida RE agent on the process of becoming a full-time investor and...
Ryan Tyree
Help understanding a LP K-1 net loss
I invested in 7 syndication funds in 2023 as a limited partner with the expectation that I would generate first year losses from cost segregation that I could use to offset my gains on my personal real estate investme...
Karen F.
Taxes: Adding LPS to your Professional Real Estate Investments
Hi,My question is, can a real estate professional (primary job is managing my own real estate; spend 750 hrs +) with active participation in their own privately held properties ... can that individual ADD to that grou...
Eric Maertens
Cash out 401k or leave in?
Hi BP,
Should I cash out 401k to pay for finishing basement for a rental property? A couple facts. I’m 30, I have enough in 401k to cover finishing cost(45k) after all penalties. Basement will rent for conservative 1...
Pam Smith
Schedule E - filing as non-passive income
Hi all-I was reading one of the blog posts on the Short Term Shop blog about Schedule E vs C, passive vs non-passive. In the blog, they reference, "According to Treasury regulations, vacation rental owners who rent th...
Nathan Vaughan
Retirement Planning for Real Estate Investors
Looking for retirement planning options. Employer 401k is not an option. My income is W2 income and the passive income from investing via rentals owned in a one member LLC with no employees. Roth IRA is not an option....
Kaitlin Neary
Short Term Rental Bonus Depreciation for high income earner
Hello all! We are relatively new at real estate investing, and are looking for ways to still secure properties in 2021 and benefit from a tax standpoint. We do not currently have REPS, therefore had heard a good way t...
Kyler J Sloan
Passive Losses for STR's
Is there any way that STR rental income can be considered "active" from a tax standpoint? I spent a lot of my time working on renovations myself, and manage it myself, but I have not manually tracked the time investe...
Kristopher Kyzar
Can property purchases with IRA be financed out of IRA?
If a property is purchased using a Self-Directed IRA, and is retained as rental property, can that property be financed out of the IRA into the company/owner's name with payback of the funds drawn on the IRA? What ru...
Pablo Aizpiri
Looking for a CPA to validate my tax strategy so I can take next steps.
Hello,I'm in Texas and am I wanting to discuss the possibility of kick starting my real estate investment journey with STR and also using that offset a fairly large W2 tax liability I have this year.I basically need t...