I was trying to do some analysis on different RE strategies between Buy&Hold, Fix&Flip and Wholesaling. The assumption i made was

- 10 house with equity capture of 25K for both Buy/Hold and Fix&Fl...

I’ve read conflicting answers on depreciation and how or if it can be used against w2 income. I have decided to get started investing in rental houses and I’m trying to understand the tax side before buying anything. ...

I am having some issues figuring out to calculate how depreciation affects my tax for a rental property. I have an example below. Is it correctly calculated correctly?
Example:
Purchase price: $1,500,000Rehab: $100,...

Good afternoon,I have a single-family home that I am looking to sell. It is paid off and I have owned it for 2.5 years. I want to sell it and use the money to buy a primary residence.I am wondering what the tax implic...

My accountant told me that b/c my income is over 150K, the interest paid on my rental property mortgages are not deductible.   I would only be able to claim these ductions if my income falls below 150K or when I sell ...

I just finished my taxes using Taxslayer, as I have done for a decade. I just noticed a column on a worksheet entitled “ statement of depreciation” for “accum deprec” and I expected the number to be the number of yea...

I own 2 real estate rental properties with $132,000 total passive activity carryover losses accumulated for both properties over 5 years.
In 2019 I sold the less expensive of these properties.
I was thinking that T...

I have a friend who has been using an LLC to manage 2 properties for the past 10 year usign Turbo tax
So they have 2 partners, Each of them has a property titled under their individual names (partner 1 ownes  prop 1 ...

Hi BP, I've just bought a property in Rancho Cucamonga in California  and rent it out from last year. Since I live in Southern California, the price of real estate is kind of high. Therefore , although I've already pu...

I need a little help bp, my Gma informed me about a property that my great-great grandmother had in Richmond Virginia(vcu area). I've done a little research and found that her name is still listed as the owner of the ...