Bryan O.
Tax Deferral and How to contribute to solo 401k
As tax season is approaching, I'm trying to find more ways to reduce my taxable income to get down to the more favored brackets.If I have passive income (rent) coming into an LLC, can I pay myself a management fee to ...
Daniel Dietz
What are Passive Loss Limits in an LLC with multiple members?
Hello All, I have been reading up a lot on Passive Losses lately as we have been looking at some larger properties and considering using Cost Segregation along with that. These purchases would be through LLCs that var...
Luciano Gaita
Reduce tax liability
This year I sold a rental property with a capital gains of 60kI’m looking to reinvest in something that will reduce my tax liability. I get a lot of ads on my Facebook feed regarding investments that may do that looki...
Oluseye Faleye
Does rent from Primary Residence reduce my Debt to Income ratio
I have been a member of Biggerpockets for a while and absorbing as much knowledge through the forums and experienced members. I currently have 2 rentals and a high priced primary.
I am currently trying to increase m...
Rebecca Graziano
Tax Saving Strategies
Hi investors,My husband and I are high income W2 earners and invest on the side in rentals and notes.We got hit hard in tax liability, even with tax law changes. Any recommendations? If there’s other W2 folks out ther...
Fahima Hilal
Investment Fraud Alert !
It took a good amount of ego-bashing to actually own up my husband and I have been conned. We held to our belief(hope) that we were not, and in fact,the person was honest and would pay us back eventually. That is ...
Leon Meytin
syndication tax question
I was hoping to clarify something, can someone correct me if i am incorrect?
This example was taken from a previous post, but it was several years old so i though I would post it here
Let's say they invested $100...
Dave Versch
Tax advantages?
Hi. I am just getting started as a real estate investor. I am about to close on a single family property which I'm paying 39K for. There's a Section 8 tenant who pays $675 per month. I'm using my HELOC on my resid...
Jason Panick
Should I Pay Anything Towards Monthly Rent of my Property?
So here is the situation everyone...My wife and I bought a condo back when the market was sky high at 439,000. It went as low as 300,000. It's now around 410,000 and we owe 415,000. Our monthly mortgage is about 19...
John Underwood
STR replacement cost insurance with increased building costs
I just received my Foremost insurance policy for our STR Lake house.We have replacement cost insurance, but the amount seems low in today's costs to rebuild. Our Lake lot is a good chunk of the value but still I wonde...