Chan K.
Self Directed IRA, UDFI (Unrelated Debt Financed Income Tax)
Hi BPer,For those with self directed IRA experience, can you explain what is the UDFI (Unrelated Debt Financed Income Tax) impact on real estate investment using self directed IRA?Thanks,-Chan-
Robin White
New tax plan and 20% pass through income deduction
https://www.facebook.com/latimes/posts/10156180010518010
Can I claim the 20% pass through income deduction on my rental properties if I am a full time employee for my day job?
Jose Contreras
Tax benefits from RE investing in high income earners.
Hello everyone,We recently started investing in real estate in 2020. We are buy and hold investors and currently have 2 doubles in the cleveland area. We got into investing for it's wealth building annd tax benefits. ...
Dakota Mivshek
Tax Question - Mixing real estate commissions and Rental Income
Hi there, I have a tax related question. Things moved quickly these past few months, which has resulted in the creation of an LLC (S Corp status), Real estate sales commissions, & rental income. Current status: Re...
Graham Melvin
Income class and tax consequences for HML/private loans?
Hello BP, I've been approached about providing private lending (HML) for an acquaintances house flip. I wanted to know if the income from both the points and loan interest will be categorized as passive income (and s...
Michael Kim
taxes on non-passive income using passive activity losses
is there any way I can use passive activity losses (from rentals) to offset non-passive income? There seems to be some suggestion that by becoming a real estate profession, there are ways you can do this, but I keep ...
Bryan Tasumi
How is real estate cash flow/passive income taxed?
How is real estate cash flow/passive income taxed? Is it better to live in a state with income tax (e.g. California) or a state with high property tax (e.g. Texas) to minimize taxes on the passive income/cash flow gen...
Sean Sweeney
State income tax for properties located in another state
Hi guys,We recently purchased a portfolio of triple net lease properties throughout Nevada. I live in California. The property is held in an LLC. Nevada does not have income tax but California's state income tax is cl...
Isabel Peraza
Rental income and capital gains under new tax law
I am currently making about $350,000 of rental income profit per year. I am a full time, licensed realtor. Will be selling two properties that may generate about $700,000 of profit. Being that I am a full time, licens...
Alex Langerhorst
Looking for a tax professional specialized in income properties
I always used to file my own taxes but now I own a two family so I'm looking for a tax pro that can help me getting the maximum out of my property. I would prefer someone in the NY area (Westchester or Fairfield count...