Arthur Kineard
How do I show income while minimizing taxes?
I own a retail business that is doing well. I want to diversify into real estate as a tax shelter and for money. My primary question is how do I show income after taking advantage of all the deductions? I can take ded...
Ernie Hogue
How are option fees taxed?
Hi BP community. I searched in the Tax and Legal forum, but didn't see this question answered specifically. I am trying to determine how lease option up-front option fees are taxed. My understanding is that they are r...
Russell Goldenbroit
Rental Property Tax Savings for the Passive Investors
Hi Community Newbie to the community looking to get started in rental properties. I've heard of people using rental properties to lower their taxable income but I'm not clear how this is possible. From what I'm gath...
Jacquelin Ward
Looking to Invest in MA ( Seller Finance, Private/Hard $$ Wanted)
I am Realtor Local to the Boston area, South Shore, and some areas of western MA. I am looking for a no income / no verification type of financing, or someone willing to do seller financing. I own a Microgreens busin...
Israel Hernandez
Hurdles of being self-employed while trying to start in RE
Hi, I make $50k per year and have $25 thousand in savings, unfortunately I file a 1099 and not a W-2 so my question here is, what sort of hurdles would I face while trying to get started in real estate while continuin...
Lindsay Wilcox
What's Your End Goal?
Seems like most posts on here are about the "How" of real estate investing, but not as much about the "Why."
So why do you invest? Is it just to have more and more income? Is it to reach a certain amount of cash flow...
Sean Walcott
Depreciation and Syndication
I am deciding about starting to invest in syndications, does anyone have resources that discuss the depreciation benefits? My primary goal in investing in real estate is to lower my taxes.
Diane T.
Becoming a Loan Officer before investing in Real Estate
Hello BP-ers!I hope you're all doing well.Here's my story in a nutshell:I've been passionate about real estate for years, even before discovering BP in 2020. While my current job, which I was promoted to six months ag...
Michael Sawers
Tax Deductions Exceeding Income
I have been analyzing houses for almost a year now. I understand the basics and really just need to dive in. One thing that has been a little confusing to me are the tax deductions. Off the top of my head, you can ...
James Carter
Use of accumulated passive activity loss
Hello,Is it possible to apply accumulated passive activity loss from prior years' (Real Estate) to a current year if the income from that years real estate activity is less than the income generated by the Real Estate...