Masashi Borges-Silva
Reducing W2 income tax by actively participating in real estate
Background
I am not a Professional Real Estate (yet) as I am working as a full-time engineer, and I don’t meet 750 hours of services during the tax year in real property trades or businesses in which I participated. ...
Hayden A.
Tax abatement ends in 3 years...will reduce cash flow
Hi all. I'm looking at a 3-unit apartment building. It's 2.5 years old with a tax abatement that ends on 12/31/26. It will cash flow very nicely until then. i spoke with the city assessor who told me that if it did no...
Patrick M.
Applying BIN Shellac To Reduce Smoke Odors - Does Timing Matter?
Hey there all - we are working on a flip where we got into a 2-story townhouse with units on either side, and we have realized we have a chain smoker in each of the adjacent units. The unit has popcorn ceilings, and w...
Ryan Newport
Cost Segregation on my House Hack to reduce W2 income
Hi, I am currently house hacking a triplex. It's my understanding that an individual is allowed to deduct up to $25,000 in PASSIVE losses against ACTIVE income if and only if that individual earns less than 100k MAGI ...
Alex Sanchez
401K and DB plan reduce income tax through cost segregation
Before exploring this concept with a qualified legal and tax professional, I wonder if any of the community has anecdotal experience around taking a distribution from a 401K and balancing the earned income taxes with ...
Yenlan Patton
Should you make improvement of rental property to reduce tax ?
What would you do to help reducing your taxes with your rental property income ? we have more income from our rental homes this year which is a good thing but other hand we will pay more taxes next year. Any thought. ?
Peter Burnside
Slow repair from water damage - tenants asking for reduced rent
Had a pipe blowout almost three months ago. Kitchen and basement are torn up from the water remediation and the insurance company has not yet given the go-ahead for the repairs. Tenants have put rent in escrow until ...
Ahmed Alkaysi
What can I do myself to help reduce rehab costs?
Hey everyone, total noob here. I am getting ready to purchase my first investment and BRRR property that will require a gut. A primary reason why I decided to go this route was to get experience and exposure into reha...
Amanuel Gebrelibanos
What are the ways to reduce putting down payment amount?
What are the ways to reduce putting down payment amount less than 25% for multifamily buildings with 6+ units?Is there anyway putting only 5%-10%? If so, how?
Elmer Bonilla
How Do I Reduce Operating Expenses on Detroit Suburb STR?
Hey BP community,Looking for some advise on reducing operating fees on my str in the city of Southfield, MI (Detroit suburb). This is my first property, bought it last December and went live in mid March. Until now it...