So i was researching about passive losses and i found out that i cant claim passive losses if i dont materially participate in the property or (if i am not a real estate professional). How can you show material partic...
I recently reviewed my tax return for 2018 prepared by my CPA and noticed that the amount deducted this year for depreciation was significantly less than years prior. He used the Excess Business Interest Expense form...
After successfully purchasing and renting out a duplex in Syracuse NY I've started considering the tax implications of the gross income I will be receiving. The analysis I did on the property accounted for expenses l...
Thoughts on Adam Neumann's real estate strategy post-WeWork? It sounds like he is using depreciation to create passive losses so that he can offset active income from his enormous golden parachute? If so, it seems lik...
My dad and I are looking into buying a STR property in Florida. We both want it to use as personal vacation property when we go down, but I'm predominately interested in it for the active loss tax benefit. Given some ...
Hello, My wife and I purchased our first property (Duplex), we have a PM company looking over it for us being that it is about 600 miles away. We are located in Washington state. I've searched around for a bit maybe I...
I've been trying to find a definitive answer on whether a landlord (in my case, owner of 4 separate rental units) can take the 20% pass through income tax deduction for tax year 2018 and beyond. I've been reading conf...
I'm new to real estate investment and considering entering the short-term rental market through platforms like Airbnb and Vrbo. Since I'm on an H1-B visa, I'm only allowed to earn passive income. If I purchase a short...
Hello!In 2022 I purchased a real estate course and am wondering if it's possible to write it off on my tax return. I have just one investment property that I rented out Feb-Dec of 2022. Other than that I am a full tim...
In my area your choice of 19 different homes are for sale at 10,000 or under. All are rehab units most are gut jobs.
Area Market Survey
Listings as of 12/25/06 at 7:17pm
Property Type Residential Property Subt...