Art Webb
IRA UBIT with Comm Real Estate
If I buy multi family comm real estate via a RE LLC company with my Roth IRA does the rent income become UBIT taxable ? If the property is paid in cash and later a mortgage is secured does it impact the UBIT questio...
Zach Temple
Number of income streams you have built
It was mentioned briefly on a podcast I was listening to today that millionaires have a minimum of seven income streams at all times. What do you consider your real estate investments as, one whole income stream or mu...
Adriana McLaughlin
New investor: I don't want to quit my W2 but want to max investing to offset taxes
I have a W2, but also have a real estate license, though I work very little in actually selling real estate. I just bought my first investment property in Chicago, and have been busy doing minor repairs, furnishing it...
Jinesh Patel
Tax advise for high earner w2 couple.
Hello,Me and my wife both work fulltime on w2. we are planning to start investing in the real-estate this year. I am not sure how I can take advantage of the rental losses here. As I went to one of the tax classes an...
Dan Durusky
Looking for real estate exposure and tax advantage
Hi all,My wife and I are high W-2 wage earners. We general follow "boglehead" philosophy and have a lean mean investment portfolio and live well below our means. One first world problem we have is earning a high incom...
Douglas B.
Can someone explain the benefits of rental income tax savings?
I've heard it said that business income is handled differently than traditional earned employee income. Can someone explain this in an example for me? For example, how is $10k of earned employee income taxed dif...
George P.
(income tax question) Active vs. Passive
My CPA advised that since I will be managing the rental myself, rental income qualifies as Active (=earned) income (vs. Passive).
Does that sound right?
Sahil Parmar
Rental Income and Taxes
Can depreciation on rental properties be used to offset W2 earnings? So for example, if I make $100,000/year through a job, can taxes on that income be offset if I make a loss when I deduct depreciation from my rental...
Melanie Baldridge
“active income” and “passive income"
There are several different types of income in the US tax code.
Two main types are “active income” and “passive income".
Active income is money you earn from working, such as wages from a W-2 job or income from runn...
Thomas Pellegrino
First Time Investing- Effects on DTI
Hello everyone, I've been looking to get into real estate for years!! I finally have enough money and a decent job after finishing my masters. I am having one small hurdle I for some reason can't figure out mentally. ...