Connor Mather
Business Structure and Insurance for Buy and Hold Rentals
Hi Everyone,I am in the process of transitioning my 3 townhomes out of my name and into my LLC. I was wondering how everyone structured their long term buy and hold rental properties. 1. Do you keep all properties in ...
Michael Plaks
Explained: RE Professional & K-1 syndications
Before we start... This post focuses on one highly technical issue related to syndicated investments: taking K-1 losses while being a Real Estate professional. I recommend you first read my earlier post on the overal...
Ed Kowalchuk
Can stock investments to added to a LLC to offset tax losses
If I establish a new LLC primarily as a real estate entity (partnership pass through for taxes purposes) can I use LLC contributed capital to buy stocks and offset some of the LLCs real estate tax losses before transf...
Sudar Bhat
Need help with taxes question
This is my first post on this forum, so I trust I am following the rules.So, I have been using Free Fillable Forms on the IRS website the last couple of years (we are yet to receive last year's refund though that is n...
Seth Schmidtmann
Short Term Rental Insurance in Florida
We are in the process of purchasing a short term rental property in Florida, and we are gathering quotes from different insurance companies. We're looking for any information on a Company called Proper. Can anyone tel...
John Brees
Depreciation on multifamly
Our CPA is telling us we can't depreciate our two multifamily properties (purchased both this year) because our household income (married-filing jointly) exceeds $165,000. I'm hopeful a CPA on here or more experience...
Joe Richardson
Is my CPA correct about not being able to utilize losses?
Last year I purchased my first two rental properties. I'm in it for the cash flow but was also hoping to get some of the tax perks. I talked with a couple of CPA's and went with one who has real estate investors and...
Sandy Sandy
Insurance coverage for 6 unit property?
What to look for when taking insurance for a 6 unit property?
Manraj Singh
Negative Cash Flow : Tax Offset
Hi,
I am aware that acquiring a -ve cash flowing property is a BAD idea. Also aware that we shouldn't be looking at 1. appreciation and 2. tax benefits as an answer to offset a -ve cash flowing investment.
1. I am ...
Viraj Patel
How the IRS taxes different income
I recently started reading "Tax Free Wealth" by Tom Wheelwright and I realized how much my knowledge is lacking on the tax side of investing. Further, I realized how confusing the different terms are for the various ...