Account Closed
Multiple real estate income streams in LLC
I just finished last year's taxes and have a large passive loss (after depreciation) on my rentals. But being a passive investor with large W2 income, I cannot benefit from the tax loss (at least thats what my account...
Michael Medeiros
Deferred Passive Losses
I have deferred passive losses on multiple rental properties that have accumulated over the last several years (let’s say around $50K). I recently sold one of these rental properties with a net capital gain of $120,00...
Asa Hunt
What happens if you can't participate in a capital call?
Hi, folks. It looks like there's a mandatory capital call forthcoming in a project I'm an LP in. I can't contribute more money at this time so have no choice but to be in "default".
Besides not being able to collect ...
Zeb B.
Tax Loss Harvesting Implications on Mortgage Qualfications
I have about $50,000 in unrealized stock market losses in my taxable brokerage account. I'm considering selling some of these securities for tax loss harvesting. I don't plan to change my exposure to equities, the pro...
Amanda George
RE LLC taxes (expenses, but no properties)
My partner and I started a LLC in January 2023 with the intent to purchase an investment rental property. But 2023 interest rates soared and we couldn't find a deal that worked. In the process, we did incur expenses...
Brandon Markos
2 bedroom 1 bath 4plex in tower district of Fresno CA
Hello community! I am looking at a deal and wanted help analyzing it. The price has been lowered twice by about 10,000 each time to 249,900 now. It is a 4 unit comprised of 2 bedroom 1 bathroom. It looks to me that th...
Dave Holman
Depreciation for Syndication Sponsors?
I'm structuring a new syndication and two CPAs disagree. One thinks that General Partners can't take depreciation on their carried interest (until all Limited Partner capital accounts go negative), only on actual cash...
Bob E.
How do YOU define Risk?
Thought I would start a thread to see how different people define risk and take it into consideration.When I was in Grad School one of the finance advisors, who also manage money for other people, defined risk as "The...
Joe Au
Claim business expenses when filing tax
Do you have to have an LLC in order to claim real estate related business expenses? If not, how many deals do you have to do per year so that you are consider as running a real estate business?
Carole G.
Anyone invested with MC Companies? How's it going?
Is anyone invested with MC companies? Have you been paid a dividend in the last 9 months?