First post, all. Thank you for reading.
I am considering jumping in on the landlord/rental investment train. I want to maximize my returns and try and achieve REP status on my tax return, therefore allowing depreci...
Happy Monday everyone,I was listening to the BP money podcast and learned about the individual or solo 401k option. I have a W2 job with a 401k plan and rentals as my side business. I contribute ~$15k and my company...
I'm trying to navigate my way around the best option to finance my 1st income property. I'm looking to invest in small 2/1 or 3/1 single family houses in the lower income neighborhoods of the city where I live. They t...
Hi everyone!Looking to connect with an experienced tax professional regarding filings for my 2 STR properties (Gatlinburg & Hollywood FL) which were both recently cost segregated. Essentially I am looking for a cl...
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I own a rental property with a mortgage, and I have an individual Roth 401k... In a few years my Roth will be worth more than my note on the rental. When that time comes, am I able to use my retirement account to purc...
Hi yall!I'm generally aware of the requirements to qualify as an accredited investor for 506c offerings EXCEPT it's unclear to me on the $300k joint income requirement for past two years and expectation to maintain/ex...
So, my parent's are going in on a multifamily investment property (Non owner occupied). Now, there will likely be vacancy for a few months they clean up the property and look for suitable tenants. Their only other inc...
Could we use real estate loss to offset W2 wages income tax? If yes, does the property need to under personal name? Or it works even if it is under a legal entity? Thanks
How long do you have to use your property as an STR before you can use the depreciation for the property against your nonpassive income?Can I buy a property on Dec 15, STR it for the last 16 days of the year, material...