Warren A.
End of income tax in Arkansas impact to REI?
I invest in SFRs in Little Rock.
How likely we will see the end to income tax in Arkansas with Sarah Huckabee Sanders?
If likely , do you expect to see a meaningful or massive increase in property taxes to make up f...
Tiffy W.
LLC's R/E losses to Personal Income tax 1040
Hi,I am a R/E investor that is seeking the community's thought on the following tax related questions. Please feel free to chime in and provide your two-cents. Appreciate any help in advance.Background Information: I ...
Tony Nguyen
Tax Deduction-negative cash flow on your rental income
Hello guys,
I keep hearing that as a real estate investor you get tax deduction, depreciation asser, and no one tax you on debt. Is this really true? As my research if income AGI over $150k you dont get to write off ...
Val Berechet
Capital gains and income taxes on property in Mexico?
Does someone have a good link or can provide info on laws regarding capital gains taxes and income taxes on property in Mexico? Am looking to buy something in the Tulum area that will be used as a vacation home but al...
Dustin Ruhl
Everything You Need to Know About Rental Income Tax
Rental income taxes can be confusing for real estate investors but it is crucial for investors to understand the filing process, deductions, and tax rates in order to be successful. There are a few key points to each ...
Account Closed
Investing in tax sale properties expecting a profitable income.
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Memphis.
Purchase price: $11,000
Cash invested: $4,000
Duplex.
What made you interested in investing in this type...
Judy Murphy
Tax benefits of separating rental income from pet rent?
Hello everyone. I have 3 rentals, one in Anchorage Alaska, and two out of state. With all three, I have Pet Rent. My property manager in Anchorage separates the pet rent from the general rental income on every stat...
Matthew Trinh
Special case: How to correctly file rental income tax?
Hi all!
My father and I started a rental business beginning a couple years ago. He lives in another city and wanted to invest where I am currently living. As a result, I manage all the finances and properties. We hav...
Nick Akey
Should I include income tax when comparing rental properties?
I want to calculate the potential monthly income that I would receive from buying and renting properties.Example: If the income is $250 a month - should I reduce that number according to my income tax rate?OR is it st...
Mike M.
How do lenders view rental income from tax returns?
Hopefully someone can help me understand this, as it’s a delicate balance. I’m incentivized to deduct as many legit expenses as possible to lower my tax liability but on the other hand this may hinder how a lender vie...