I have 4 rental properties, All managed by 2 different Companies, One property is paid for, other three I have mortgage. My three mortages (3 different mortage companies)  will not allow LLC or S- Corp, Question 1) ...

I am considering to purchase an investment property that is tenant occupied. One of the tenants has an unusual lease agreement that is a 10-year rental lease with the rent locked in for 10 years and 6 months free rent...

What is meant by “passive activity loss” for a real estate professional? I am currently 37% tax bracket and all passive activity losses are void for me (IRS form 8582).However, it states that “unless the taxpayer is a...

I am trying to decide whether to do a 1031 Exchange or to sell an investment property outright.  I have suspended loss carryover associated with the property.  I often see general guidance such as follows:  "If you ha...

I have two rentals along with primary residence in San Diego,CA. Now the rental income is increasing my tax burden as an income. Any strategies i can use to reduce this rental income and building more assets on the wa...

Aloha. 🤙🏾 Looking for advice and insight. Any help is much appreciated. Recently I have been exceeding the limit on tax deductions for my rental property business, when filing for my annual tax returns. Every year I d...

I got dumped on. started out wrong! l live in michigan, let me say that I let someone talk me into buying some house that needed fixing that they were suppose to fix but never did. I ended up fixing them myself but ...

Thanks for taking the time to review in advance. I just wanted to get some clarity on proper protocol.  On a partnership LLC, when you do a distribution , are you offsetting account for your owner contribution , ( so ...

I would like to qualify for a new home loan.  I spoke to 3 different home loan officers and they have given me different information each time.  Here's my scenario.I bought my house in 2016 and started renting it out ...

I have two rentals along with primary residence. Now the rental income is increasing my tax burden as an income. Any strategies i can use to reduce this rental income? Should buying another property would help? Any po...