Hello Team
Curious if the BP Team of experts has some creative ideas on how I can start to use my large 6 figure Passive Loss Carry Forward?
I earn more than the 125K threshold, I am still employed and plan to be for ...

I have a full time job. I am planning on opening an LLC for my brand new business and I'm going to hire somebody to run that business. I know when you are self employed you can show business expenses, would i be able ...

How can we apply real estate losses from prior years to offset current year non-real estate income? I assume we need "real estate professional" status, but 90% of CPAs I have talked to (all with real estate clients) s...

Hello all, I've got a class C property that has not provided me much in the way of qualified tenants. I was curious if I am being too stringent on my criteria... I have a background in consumer lending in a nicer area...

Happy Thanksgiving to the BiggerPockets community!I am looking for feedback on what to do next with my real-estate portfolio.Current situation: - We have 5 rentals properties spread across Tulsa & Florida (9 doors...

Dear fellow BPers,

I am wondering if I can use accumulated rental operating loss to offset capital gains:

1. Gains from sales of rental properties, either related to the operating loss or not.

2. Gains from sales ...

I'm very new at property ownership in all forms, having bought my first house, a duplex, in November 2021.  I took an out-of-state job shortly after, which had me move last May.  I converted the property from the prim...

Hello BP community!

I've been lurking on the site for some time, but this is my official first post.

I own a SFH in the Phoenix area, was my old primary home, and decided to keep it because I knew it would finally m...

Aloha. 🤙🏾 Looking for advice and insight. Any help is much appreciated. Recently I have been exceeding the limit on tax deductions for my rental property business, when filing for my annual tax returns. Every year I d...

Hi thereI am new to investing, looking at a SFH for my 1st rental property and trying to understand the tax benefits that are often spoken of on the podcasts. But, my CPA says that because my AGI is >$100,000, I am...