I am just starting out in the rehab game, and I was wondering what most people are doing as far as setting up an LLC or? Is there a good way to protect my current assets in the event of a bad investment? I have a ni...
Hi,I have a questiom regarding tax deduction.I understand the earned income can be deducted by real estate loss (such as depreciation) at some extent. Then what about stock gains? In both short/long-term, how the tax ...
Hi All,Can anyone shed light on the impact of the latest Tax law changes/reform on rental property owners, if any?Thanks,Piku
Hello!Does anyone know if you can use a cost segregation studies for STR properties that you may have outside the US (and use it against your US W2 income)?Thank you!
Hello!I am getting ready to rent out my first property. The plan has always been traditional rentals. I like the tax benefits of it (expense deductions, depreciation, 1031 exchanges). However my realtor is really tryi...
Hello all, I am currently renovating my rental property in Glendale, AZ that I purchased in May 2022. My property will be in service mid-September of this year. I am looking for any information and advice on how I can...
Does anyone know if I can do a cost seg and use bonus depreciation on a short term rental property to offset my w2 income, if I don’t have real estate professional status?
I haven't read the tax strategy book on BP and intend to very soon. I am looking for recommendations on the best way to explain to a family member how he would file taxes on a second property, if he already has a prim...
Hello AllWe are in the process of acquiring properties for use as STRs. When it comes to insuring the properties, I had been doing some research trying to understand the types of insurance these types of properties sh...
Hello All, Please excuse my ignorance but here my situation. I've owned a duplex for 5 years but have only recently started learning about what it means to be a real estate investor. In years past I have filed my own...