Joshua Kohl
Tax deductions and personal income
Do deductions for investment property (depreciation, property mgmt, mortgage interest, etc) only count against your rental income or can it also apply to personal (w2) income? I only have 1 investment property curren...
Michael Gil
Tax on Primary Residence
Okkay I am in a bit if a bind, looking for some curbside tax advice (aware I should consult a tax professional)I sold my primary residence of 4 years in Aug 2020 profitted about 70k on it. I bought a new home the same...
Schneur Yecheilov
Section 8 New York City
Hi,I’m looking to buy a 2 family house in Brooklyn NY. 1 tenant is on the section 8 program and they pay $2000 rent. The seller is saying that the lease expired years ago therefore there has been no rent increase. If ...
Jimbo Rocks
Rental Real Estate Loss Allowance?
Our AGI is over 150K. I realize there are incentives to owing investment property but is there any tax incentive when you make over 150K? I can no longer claim my loss from rental properties. So is there a tax advan...
Carson Bolton
Starting out in the Canadian market
Hi all, I am a university student looking to gain some advice on how to start out in the current Canadian market. Most of the advice I've gathered from my research has been US based and it seems to be different and so...
Michael Arnold
Investing in Rentals Next To Schools - TOUGH Neighborhoods
Have you personally had success investing in a property that is 100ft from a school and in a tough neighborhood? For example, tenants can watch their kids walk to school from door to door.I say tough neighborhood beca...
John Dudas
How to help a neighbor facing foreclosure
Hi, I'm new and inexperienced but have a situation with my neighbor. My neighbor called me asking if I knew anyone that could help in refinancing his mortgage. (I work for a CU) He is less than 7 days away from the fi...
Tom Vanderlinden
First Time Property Manager
I finally got another offer accepted on a duplex, which means moving and renting my house out and becoming a property manager. I know I need a contract and application. Where can I go to learn how to create those or f...
Kyle O'Donnell
Realtor with experience in rental properties needed in Atlanta GA
My name is Kyle. As stated above, I'm looking for a real estate agent that personally invests in buy and hold rental properties in the Atlanta region; this is an absolute requirement. Specifically, I am looking in Gw...
Cassidy Burns
Solo 401k or paying the additional tax??
Hi BP,Had an interesting convo with someone the other day debating the Solo 401k option for self employed individuals or taking the annual tax hit but keeping your cash more liquid to actually purchase rental real est...