Kyle Scholnick
How much Depreciation?
let's say I have rental property income of $15k per year, expenses of $4k and depreciation of $5000I am in a 40% tax bracket When I write off my expenses And depreciation on my taxes, am I writing off a total of $9k (...
Shawn Q.
Set for Life question: using Roth as savings location
I just finished @Scott Trench's Set for Life (as you can no doubt tell from how often I reference it) and I had a thought/question I'd like to put to everyone. What do you think about using a Roth IRA as a component o...
Jeff Ausdemore
Property Tax Protesting-
Hello fellow investors,Have any of you used fee based (percentage or flat fee) tax protesting companies successfully?Or, have you protested yourself and saved some money by doing so?Any practical tips either way would...
Becca F.
Do PALs from RE offset capital gains from stock dividends and another question
I have been doing my own taxes and have a large amount of Passive Activity Losses from my rentals, don't want to mention the specific number but it's a lot in the thousands. I'm a W2 employee, all long term rentals, n...
Jacob Masters
TSP/403b/457b vs. Rentals
Confused about what is the best decision for me and my family. My wife and I have access to three pre-tax retirement accounts, each of which have good low cost index fund options. I expect that we could max out all th...
Kaushik Sarkar
Primary residence sale within 2 years
Hi,I am a single family home investor, however we are looking to sell our primary home in Chicago and moving to Dallas this summer.We have bought the Chicago home in Nov'22. Would I owe tax on the profit I make on the...
Chuck Schmidt
Cost Segregation for SFR, and does Bonus Depreciation apply?
Looking at some SFR homes to purchase, in the $140K range ( 1 story, brick ranch, garage, 3br). Providing all the usual calculations work out ( rent, expenses, management) I have a few more questions on how to help my...
Vidal Anguiano
Age 23 - Prioritize Real Estate Down Payment or IRA?
Hello,My name is Vidal and I am a relatively new member. The question I bring before you all is about savings prioritization. The two options I'm considering at this point are 1) start saving for a down payment for an...
James Tebelman
Invest less in Retirement funds to save for REI???
I am 30 years old and I have always put 5% towards my 401(k) (my employer matches 25 cents on the dollar) and both my wife and I max out our Roth IRAs each year ($5,500 each).One of my big goals is to retire early and...
Blake King
Where to save for a down payment?
Hello Everyone!I am starting to save for a down payment on my first home. I want to have 20k by April 2018. I am just out of college, and the last 3 months out of school i have been working full time and have been ext...