hello all.  first post here.  I am interested in getting into the real estate investing world and have a few introductory questions.  Unlike many of you, I have no interest in doing this full time (at least not until ...

Ok so I'm investing into my first rental property it's a 2 unit and I'm paying cash (20k). My biggest concern is how to avoid a higher tax bills because I'm single and make about 150k yearly.. What precautions should ...

I had a fire in one of my properties, and I have received the check from my insurer to pay for the repairs.  How do I account for these proceeds in my books?  It's not really taxable income (if I use it for the repair...

Several months ago we had a bad storm come through and the roof was damaged on my rental property. The total cost was about $4k to replace. My insurance claim covered part of the cost. I paid $2800 out of pocket. So, ...

I withdrew money from my IRA and it will be taxed as ordinary income. Can I use Rental property losses to offset the taxes owed from this withdrawal when I file my taxes?

I live in NY and have my taxes as a NY Resident. but Bought a property in Maryland.  Can i deduct all my expenses for this property on schedule E for example and use the loss to reduce my taxable income?  Does anyone ...

Hi all - I have a question on depreciation recapture as it relates to syndications and calculating after-tax returns as an LP (I am mainly thinking about multi-family here).  As I understand it, an LP will have to pay...

So I have been thinking about this for some time. It seems like everyone tries to do everything in their power to increase their expenses and write-offs in order to not show any income to pay taxes on for their busine...

What are all of the possible tax deductions when claiming a rental property? And assuming I have a rental property paid off, and I have a W-2 job, do I save money on both taxes? Or one or the other? Also is there any ...

We are hearing about some municipalities and counties across the country halting evictions because of the Pandemic.  OK, I get that.  Don't like it, but I understand.  So the next question is: will mortgage lenders al...