Buddy Holmes
Active-Passive and Passive-passive loses and the $25K deduction
Help please in learning how passive losses can offset Cap Gains.I watched Brandon Hall's great #45 Daily Smart Tax video but my Turbo Tax seems to have a different opinion.
Form 8582 calculates Passive loss Limitati...
Thomas E.
Now a RE Professional, what to do w/ passive losses carried fwd
Good day – I hope everyone is having a great weekend – I have a question I am sure some folks here have run into previously.Disclaimer here – I am pretty new to BP and have been enjoying searching around and getting f...
Hunter Motto
New to BP and looking for an accountant!
I'm new to BiggerPockets community and excited to participate. I currently own 2 SFRs and (soon to be) 2 small multi-family buildings with a partner in Tacoma and Bellingham, WA (two secondary markets outside of Seatt...
Karen Kushner
STR and LTR Tax Interplay against W2
Hi All,Interested in purchasing a STR this year, meet material participation rules/100 hrs, obtain cost seg and bonus depreciation. If we can swing it, we may also be able to purchase a LTR towards the end of the year...
Jeremy Kaplan
NAR Clear Cooperation Policy
All,
I have a property that the Seller doesn't want to 'list' but wants my assistance marketing the property. Anyone have any guidance if a place like BP Marketplace would be outside the purvue of NAR's Clear Coopera...
Michael Higgins
IRS Rules - Real Estate Professional Question
First, yes I will consult with a CPA. Wanted to hear the forum's perspective. Here is the scenario. My wife is a full time operations manager for a large real estate team in Nashville. She is not an agent but, spend...
Rick Martin
The more deals you are in, the more upside you are participating in. Redeploy your $!
Isn’t it better to be in 2 real estate deals than 1, 10 deals than 5, or 20 deals than 10?
You make your BIG money on the buy, then the sell. Cash flow is nice, but chances are you won't get rich on cash flow alone.
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Account Closed
Rolling acquisition fee into deal equity at closing (Syndication)
When just starting out in syndicating, if the syndicator does not have enough capital to buy into the deal (which I understand is necessary for newbies to promote investor confidence) can he/she simply roll all/part h...
Sanil Subhash Chandra Bose
Question regarding Title Search
I have a property that I believe has greater potential to flip or keep as rent. It is currently on auction and would like to participate in it. The property is owned by UMB BANK NATL ASSOCIATION. I am pretty confident...
Andrew Angell
I have some questions about running STR as active vs. passive.
We are under contract on a property that we'll be operating as a STR and managing it ourselves.We have paper losses on our books from a syndication that generated bonus depreciation last year. We also have an S-corp ...