I live in California but own a rental in Columbus OH, do I need to report my total federal taxable income? Or will I only need to report my Columbus rental income on my Columbus city tax?

Sally and Johnny are both the sole owners and employees of a pair of unrelated S corps in the same city. They don't know each other, but Sally and Johnny make and sell widgets. They both also W2 themselves $50k/yr, wh...

Can anyone break down the Unlimited Marital Deduction for me?Spouses are both living, and still married.  Spouses file taxes jointly.  Both spouses are US citizens.If Spouse A gives a CASH gift to Spouse B, is it a ta...

I am curious, if you use a self directed IRA in a BRRR strategy, when you refinance the house, can you take some of the proceeds out as cash; or, does it all have to stay in the IRA?

I purchased a home with cash last month. I did a little clean up and now renting it out. I'm generating a nice monthly profit after all insurance, fees, taxes, upkeep, etc. I'd like to save this profit and put it ...

Hey everyone, I am a investor with experience in SC, NC, & TN. I have a fair deal of experience with the real estate laws/codes in those states, but I have a colleague ask for advice today and I am hoping that you...

My boyfriend is a physician wanting to invest in real estate with me. What are some of the tax deductions he could benefit from, since he is unable to get school loan interest deduction? I am thinking rental income la...

Hello everyone!
I'm reading a lot about passive vs non-passive rental activities and cannot really find a clear explanation.
This publication from the IRS says:
1. "Material Participation: A trade or business activ...

i'm in the process of exchanging out of an existing property, and into a large multi-family value-add syndication through a TIC structure. the syndication team is looking to refi their acquisition loan approximately 2...

Hi All,FHA loans are great for owner-occupants with a W2 job, but can be prohibitively restrictive for those who are self-employed or run small businesses.  Have a borrower with excellent credit, cash reserves, track ...