I'm trying to figure out the best way to reduce my rental income. I considered a sole proprietorship management company but it just seemed that that wouldn't be legit - maybe it would but I wasn't sure. My other thoug...

Hello Tax team, Here is the scenario and I want to understand how the cost elements needs to be treated from taxing aspect?I purchased a property to flip in 2022. The property was ready for a sale in 2023 but could no...

My goal is to build a buy-and-hold portfolio to earn $5,000 a month in passive income, but I have learned today that passive and active income are gray areas.  Can someone please help me understand the difference betw...

What is the difference between doing real estate as a business and just individually investing in real estate?

I'm not particularly interested in owning real estate directly, so I look at both syndications, private real estate funds, a simple REIT index fund. I generally only invest in syndications in tax-free states or in sta...

Hello everyone! This is my first post. I have been interested in investing in US real estate for quite some time and have spent the summer reading books and getting a bit more familiar with it all. I can't wait to pur...

Thoughts on Adam Neumann's real estate strategy post-WeWork? It sounds like he is using depreciation to create passive losses so that he can offset active income from his enormous golden parachute? If so, it seems lik...

Can a self storage facility owner/operator qualify as a real estate professional if it is their full time occupation, and meet the 750 hour material participation and greater than 500 hour rental real estate activity ...

Hey guys,
I have a two part question
1. Is passive income not taxed because it isn't earned income??? Or why is it tax free?
2. If you have a rental that is producing passive income. And you sell it, do you owe tax...

Hello my fellow BPs, I'm considering of starting my first investment property soon. I have been doing my own research by reading the BP blogs, listening to the podcasts, asked people questions (including my CPA). Howe...