Crystal Ribail
Apartment owner selling with a 600k gain want to know options to reduce tax liability
Apartment owner selling with a 600k gain want to know options to reduce tax liability. Background the apartment is a 26 unit and want to understand my options to reduce tax liability. I would like to get into notes po...
Scott Blackwill
Multi-Family Syndication & Tax Depreciation
Can someone explain to me how tax depreciation works as an LP? At what point do I actually pay taxes on my capital gains? Is it really just deferment and at some point I'll have to pay on all of it? Seems like a too...
Tony Lin
Offset passive income with new passive loss?
Let's say I made a 100k passive LLC syndication investment #1 a few years back. It sold this year with 10k of total cashflow and 50k of appreciation. If I invest in a new 100k LLC syndication deal #2 this year and it ...
Brad Rondeau
Are my investments sound
Hello, I continue to question my investment in Laguna Niguel CA. I purchased a 3 bdrm condo for $365,000 in Dec 2009 with 20% down. I now have a 4% loan but pay $280 in HOA fees monthly. I did about $16,000 in i...
Eric Suess
rental tax deductions carried over to other 1099 income?
Hi BP - My primary job is 1099 income from working as an independent contractor (healthcare). I have been reading about carrying over tax deductions that exceed income on a rental to other rentals or to the next year....
Chris Benson
Renters Insurance
Hi everyoneRenters insurance. Do you require or suggest it for your renters?
Sean Craigg
Rent out or Sell - 2024
Asking for some numbers analysis.
Landlord work is work and risk but I had experience. I'm hoping housing markets will pick up again in Austin/TX area.
1. SELL: ~720K (loss ~30K), 2.5% mortgage rate 27 yrs left. To...
Eva Morel
Withdrawal from 401k?
Withdrawal from IRA?Due to COVID I have access to withdrawal from my IRA penalty free. The purpose of the withdrawal would be to put the money directly into a real estate investment. I will still will have some money ...
Roger Evans
Investment profit question
Ok, I am about to make my first investment. I’m a contractor who is teaming up with an investor. I’m am going to be included on the investment side and also do the rehab on the flip. I don’t know that much about the ...
Paul Farley
First business - sales tax/income tax questions
I created an LLC a couple of years ago and put the business to the side for a while. I am about to begin the process with it and had some tax questions.This business will most likely always be a side gig for me, so I ...