Hi all, looking for some advice on how to get tax break on regular job income by buying real estate w/o having LLC or meeting 750 hour real estate hours invested?
Hello BP,I'm a veteran who bought a house using the VA loan, I've lived in it for over a year and I had to change jobs to a new city. I'm currently living with family and have people renting out my house. Is there any...
The obvious winner when it comes to financing a house hack seems to be an FHA loan. However, my friend and I are having a hard time qualifying for enough to get a duplex in our area with an FHA because my tip income d...
What are the risks of using leverage in real estate investing? Are there any advantages to it as a borrower/lender?
Hello everyone, I am finally ready to make the jump into the real estate game!Some background info, I am Pediatric Dentist who finished school around August of last year. Currently I live out in the Valley of Southern...
Hi BP'ers!
I have a rental that I am listing at $635 a month in a C area. I have had several calls on it, and one in particular I wanted to ask your opinion about.
Her and her husband are on SSI disability (I do not...
Most property owners have barely heard of cost segregation, and those who have think of cost segregation as a tax issue. Now forgive me for burying the lead, but for this specific article I will lay out a long-term be...
I'm keeping a tracker of my mileage for tax deductions through real estate. In doing this it dawned on me, can you write off the mileage that you drive for drill weekends as well?Given that drill weekends are only on...
Hi! My name is Katie and I am from Lehigh Valley, Pa area. I have been interested in the idea of real estate investing for years it is one of the most fascinating concepts to me and I'm finally at a point where I am r...
Hi,I want to sell my rental property which had appreciated well enough to payoff my primary home mortgage. Any pointers on how the tax on appreciation is calculated taking into considering the passive activity loss ov...