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Considering purchasing my first rental property. Can anyone give me a brief description on the tax implications of owning a cash flowing rental property ? What are the pros and cons from a tax standpoint ?
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For those of you BP investors who at the $100k passive income level after expenses. What type of property class did you start out with and end up with to reach this level. I am also interested to know how many of you ...
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Hi All,
I have a question for those of that are tax savvy. If you have a loss from syndication investment ( the entire project went bust) can you use that loss (from the final K-1) to offset your regular W-2 income ?...
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If I am ever able to qualify as a real estate professional one year.... am I able to use ALL of my suspended losses from previous years against my ordinary income for the current year, if my total regular income for t...
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If you need 750 hours to be a REP and most likely will not be able to work a full time job (W2). What other income is there to offset?
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Let's say i take an early distribution from my IRA, and buy a rental property.Can I use the new accelerated depreciation to wipe out the taxes that I have to pay on this distribution?
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Hello guys, I am new here and I am very excited to have a community since I have never been in one. A bit about myself, so you can understand my question. My wife and I live in LA, we have good jobs, we are in the hi...
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I'm sure this is asked elsewhere but I wasn't able to find it. I found some things online, but I trust these boards more than the wild web. I have a single family rental. With depreciation, sometimes it's slightly ...
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I am new to the real estate game. I have only recently started saving money to begin investing into real estate. I am currently working at a w2 job and also putting money into the 401k offered at work. I recently purc...
Saw on another blog references to " some real estate transactions can trigger the need for a 401k to file a tax return and pat taxes".Looking to use my solo401k to invest in real estate but want to avoid making a mist...