Eve W.
Rental gain on Schedule E, wholesale business on Schedule C?
Hi I have rental, operated under LLC. I also do wholesale and the wholesale business is operated under the same LLC.
Do I report both on Schedule C as business or do I separate them, rental in Schedule E, who...
Lane Kawaoka
Crossover point for Turnkey Rentals Vs Syndication as a Passive
I am talked to over a couple hundred people over the past year and for those people SAVING less than 30K per year after their day job should invest in rentals or turnkey rentals in a market like kansas city, memphis, ...
Sam C.
Nearing Retirement Age
After being in the business for almost 30 years, I think it's time to sell my singles and move on. I'm torn about doing it for a number of reasons but mainly because after netting out, there's nowhere I can put the mo...
Account Closed
The Argument Against The Self Directed IRA
Hi all, as seems to come up every year or two, when I am scrambling to figure out how to minimize the club over the head, the internal temptation of a SDIRA arises within. When I search BP there is a lot of info pit...
Brandon Sturgill
Tax Benefits to Purchase Money Mortgage
What are the real tax benefits to the seller when transacting via purchase money mortgage...I can see if the property is not a primary being taxed at capital gains for the sale...but what happens when the seller files...
Account Closed
Selling investment property
Hello, Out of curiosity, if I were to sell my investment property before a year of ownership, is there any additional capital gains tax applied to the already set rate? Also what if you didn’t even make any profit fro...
Kathryn Dunnivant
Opportunity Zone Fund
Hi Everyone,I am closing on my first rental duplex in mid-December located in an opportunity zone. I do not yet have an LLC set up for this property and it will be owned by my husband and me at first. We were planning...
David VanSteenkiste
Too high income to take RE tax deductions?
Does none know if there is n income level at which you are not allowed to take tax deductions fom RE? Ex. If you are a high income W2 employee and want to start investing in RE. How does he 86 tax law effect you? Can...
Leon Duncan
Tax write off
if a property is quit claimed to me do I get the tax write off benifits when I fill my taxes?
Matthew Gardner
Better Understanding Tax Benefits?
Hello BP,I am a prospective investor that has been on the search for an investment multifamily for the past year+. I keep reading that there are many tax benefits to real estate investing but am confused to what they ...