HelloI have a general question surrounding syndications .....multifamily, mobile home parks,self storage, industrial etc. Obviously sponsors / GPs have to deal with insurance, property taxes etc ,I would like to know ...
Just starting out with real estate investing and I haven't talked to the CPA yet.Let's say you have a day job that pays well, $200k/year.If you acquire 2 rental propertiesproperty 1rental income - expenses - mortgage ...
Hello,Noob question on the potential tax benefits of real estate investing. My wife and I have W2 annual income (dual income family working for large corporations) that puts us in the ~30% marginal tax rate bracket. ...
Hi everyone,
I am having a challenge understanding requirements for qualifying PL as a business income as opposite to investment income. I have W2 job and just starting in real estate. I have LLC registered for...
I have not used my self-directed IRA (SDIRA) to invest in a multifamily syndication yet and would love to understand from other investors what you loved/hated about your experience... Thanks!
Passive income streams require an upfront investment and a lot of nurturing in the beginning. After some time and hard work, these income streams start to build and are able to maintain themselves, bringing you consis...
So this is the first year that I have not had a traditional job and w2 income to show at tax time as well we own 4 rental properties (one in which we live in one side of a duplex). We also did a short term rental on A...
Hi tax pros - I have a question about REPS status.First, selfishly, do you believe that my job as CEO of BiggerPockets, which I spend obviously spend essentially all working hours on, and dwarfs activities involving m...
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 ...
Hey BP! I own an investment condo here in Orlando, FL under my personal name and I'm looking to get a HELOC to access that equity to invest in my real estate business. It's owned free and clear. My current income is o...