HelloDoes anyone know if the short term rental tax depreciation against w2 income has an income limit?I know there is 150k income limit for long term rentals. Does this apply to short term rentals?Regards mike 

Hello, I became a small-time real estate investor/landlord (more by brute market force than by choice). I have been browsing this forum for many months and have learned so much. However, I cannot find the answer anywh...

I researched this a bit after having the thought the other day as I started planning to sell my portfolio slowly over time. I can offset stock capital gains with stock losses. Why not rental property gains?Basically i...

Hello,I am new to investing and I lack knowledge of how to use my passive losses from rental properties. or more than lack of knowledge, I just don't think my CPA knows this topic well.  Lets say that i have a total o...

I am considering creating LLC for my rental properties. I am currently on W2, and my wife and I file taxes jointly. Right now the profit/losses from my rental activities are listed on Our AGI does not allow us to dedu...

Hello! Can anyone suggest what we could do to reduce the taxes on the significant capital gains from the sale of our property this year? Unfortunately we were not able to perform 1031 exchange due to lack of time and ...

Hello,I bought a new primary last year and rented my earlier home as I am able to cashflow $200 per month (this is thanks to 3% interest rate). If I sold the unit today, I will walk away with $100K in profit after age...

Hello all.
I have a question that may not be able to be answered here, but I will try anyway.

I own a number of properties that have been purchased within the last 2 years. The problem (and may not be a probl...

I just closed on my first SFR today! I've been feeling good all day until I read more about the difference between repairs and improvements. More specifically, I'm bummed out over the General Plan of Imporvement rul...

Hey all,I've been reading a bunch of books about cost segregation (tax free wealth by Tom Wheelright) and there is this one question that I can't find the answer too.Can I cost segregate my house for depreciation if I...