Peter Botz
Depreciate rental property against income from employer?
I'm aware that I can straight-line depreciate my rental property over 27.5 years against rental income. Does anyone have experience depreciating against non-rental income (from my employer)? I've heard its an issue of...
Account Closed
AGI over $150K. What do you pay taxes on?
Seeking some clarity.... If I have an AGI over $150K (lets say 39.6% tax bracket) and I own a rental property with figures as follows:- Annual Rental Income: $40K- Annual Operating Expenses/Mortgage Interest/Deprecia...
Tzvi Nussbaum
Excess Business Interest Expense 163(j)
I recently reviewed my tax return for 2018 prepared by my CPA and noticed that the amount deducted this year for depreciation was significantly less than years prior. He used the Excess Business Interest Expense form...
Tyler D.
What's the quick and dirty on carrying forward tax deductions?
I'm building my real estate portfolio but have no traditional income. I will be getting a W2 job again in a few years, and wanted to know if I can carry over my unused deductions from previous years? Where can I find ...
James Denon
Income tax advantage of real estate and section 8 tenants
Hello everyone I am new to this forum and the income property investing.I am trying to figure out the income tax situation.I make more than 150K a year on my day job on a W2. However, if I get a positive cash flowing ...
Clarke Wegener
She's a high wage earner, I'm an investor. Tax issues?
Hello all. I have a question my fiancé and I have been mulling for a few months. We want to get married but neither of us are so enamored with the idea that we're willing to take a huge tax hit over it. But we just ar...
Stanley Hendratna
Rental tax deduction
I started STR last year (my first investment property) while working W-2 job. Is it true that I cannot claim loss from the rental property if my income is above 150k (married filing jointly)?
David Michael
How to choose the best builders risk policy
I get a feeling that my local insurance agents always take advantage of my ignorance. How do I choose the best coverage? I'm a developer and majority of the work is either gut renovations or new constructions.
Bryan Noth
November 2022 Housing Market Update for Austin, TX MSA
November 2022 Housing Market Update for Austin, TX MSA
November 2022 statistics have been released for the Central Texas Housing market. There was a slight decrease in median sales price from the preceding month an...
Brandon Ribeiro
Lots of free time, no funds
Roughly 5 weeks ago I lost my job due to COVID. I originally had a plan to get my real estate license and use that as side income alongside my pretty well paying job. Since I lost my job, I was able to pull up my real...