Susan Smeland
Rental Arbitrage Questions
Looking to gain insights from someone that is a landlord in this situation. My daughter put her house up for rent and has received two inquiries around this strategy. Thank you.
Josh Corby
Real Estate Taxes when holding rentals in disregarded entities
Hey Guys, I have a couple of questions regarding taxes on the rental income I receive. First off, I'm investing in Florida, so there is no state income tax. I list all the questions I have below and would really appre...
Ariel K.
Using Passive Losses
If I participate in syndication deals and own real estate, can losses from one be used against the other? For example, if I receive a $50,000 loss from a syndication through a cost segregation study and bonus depreca...
Jennifer Inocencio
What are the top questions to ask when searching for a manager?
what are some of the top questions to ask of a property manager? I've tried to go with the BBB rated, check the real estate boards, and check online for anything questionable but I still don't know if I'm missing some...
Amby Bhagtani
Offset W2 with depreciation
For people who are on a W2 what would be the best way to negate W2 income (including stocks?)? Is this possible with long term multi family real estate?
Jieun KimCaywood
Got a House as a Gift and Now Starting On...
Hello, I am a beginner at BiggerPockets. I have been studying for the past six months by reading books and listening to podcasts, and exploring the site's flow and insights.
I am very impressed by the outstanding an...
Walter Sauls
can a church flip properties without losing it's 501 c3 status
I'm the treasurer of a small church. We are looking for ways to invest the savings account for a better return. We have the money currently invested in CDs. When i get the statements it's obvious that the bank is the ...
Brenda Williamson
SDIRA LLC Late tax return penalty
So, I filed my SDIRA's LLC 1065 late and received a notification of penalty. A couple of questions: Should I just pay or is there some benefit to requesting abatement? Any particular line of reasoning in such a reque...
Hjiorst Fjioords
1099-MISC Rental Income and Box 3 "Other Income"?
This is my first full year as a rental property owner, and I am doing my own taxes. I received a 1099-MISC from my property manager showing the expected amount in Box 1 for rental income, and about $1200 in Box 3, "...
Eric Williams
W-2 Income and Depreciation Offset - HIGHLY UNLIKELY
It makes sense to want depreciation to offset ordinary income.
Here's the kicker:You need to establish that you are real estate professional. Then you establish material participation.There are two tests to a real es...