I've found so much contradicting information online and through the hired professionals that handle my taxes. I am hoping that someone here can provide a more reliable answer. I have a well-funded defined benefit pens...
I am interested in purchasing the home of an elderly couple who wants to sell. They have owned the home for a long time and have seen 10x appreciation. This is their personal home. In the event they owner finance, ...
I've read a lot about how depreciation helps when you own a small apartment complex. How does depreciation work when you are a passive investor in a syndication? Do passive investor get the benefit of yearly depreciat...
So my wife and I currently live in a townhome, and are ready to move into a single family home in the area.I came across the template so I filled it out. Your goals and story: I'm basically looking for ideas on how t...
We are fairly new to real estate investing and we have done multiple BRRRRs and just listed our first flip for sale. After doing more research and talking with our CPA, we will owe about $30,000 in capital gains tax. ...
Hello, This past Summer my brother in law and I added a vacation rental to our portfolio. I have been listening to podcasts and they mention cost segregation studies and bonus appreciation and there is even a STR loo...
I just finished EOY tax planning sessions with my clients, and Roth conversion was one of the topics. It reminded me how confused most investors are about Roth and prompted me to write this long post. Since Roth-relat...
Hello,I wanted to try to fully understand what the tax benefits are for someone who is looking to get into STR investing and trying to navigate tax benefits.Basically my family has a small business that I am part owne...
Well, not entirely, but you can shield more of it.
I'm going to use a very round and specific example to demonstrate this concept. Check my understanding of the tax law on this.
Let's say you make X a year. You ...
Hello. Has anyone created a Solo 401(k) to invest excess real estate income, primarily for investment? I am wondering about tax implications, as real estate income is usually considered passive. In addition, LLCs are ...