I just bought my first multifamily property and I have been thinking about how to maximize my tax benefits on it. If i can write off property management fees as an expense, can I pay myself (either as a sole proprieto...

Hey everyone, I have a checking account I use to manage my rentals and other business expenses. I have positive cashflow on all my rentals so my balance in this checking account is accumulating but earning zero intere...

I just recently bought my first flip house. All in after closing cost I'm at $75,000. I'll have $20,000 in rehab and the ARV is about $130,000. Based on expressed interest I don't think I'll have any problems getting ...

Hello,

Quick question about how the IRS looks at 2 types of income in your company.

I have one BRRRR property and now doing a flip on another property.

Does the IRS look at the 2 sets of income completely separatel...

Hello,Wanted advice from BP.  I am a big reader over at various 'retire early' sites (Money Mustache, etc.), and have a decently high savings rate after tax.  I am trying to maximize my tax savings through real estate...

Hello, I am new here and looking for help.  If this is the wrong platform forgive me.  I am an active three year STR investor with 4 current STR properties.  In January of 2023 my business was sold.  :) Unfortunately,...

Is there anyway to reduce tax liens on a residential property or are they considered non-negotiable?

I am looking to make a sizable SEP IRA contribution to reduce my tax liability, but I don't want to hurt my ability to borrow in the future by not making enough income.  Is SEP IRA contributions added back in the way ...

Hello,First post in this forum. I am looking into becoming a real estate professional to grow my portfolio long-term and to reduce my earned income tax %. Would becoming a REP and materially participating in rentals r...

How can I create a tax structure that minimizes tax burden as a SEI? Is this even possible?