Hello! My mom owns 5 rental properties. She is telling, me since her and my stepdad make over $150,000, she cannot utilize tax write offs until they sell the property. She is claiming that the write offs will be used...
Hi fam - doing a 1031, need to identify a value-add multi fam/ apartment in 30 days. Any tips for finding off market value add deals?
I am a military member being re-assigned from California to Virginia. My current home was built in 2006, I have lived here for 3 years now and have not had to replace a thing maintenance wise. My house here in CA is ...
I'm very new to real estate investing, but have a few questions about the tax benefits of becoming a passive investor in a real estate syndication investing in multifamily residential properties. According to section...
Hi BP, My wife inherited some money from her mom and we are looking to avoid paying taxes on the money next year. We are both W2 employees (me full time and her part time). We are considering buying a rental income ...
Hi everyone, I recently sold a house and made 80k net profit. Can I defer paying taxes on the 80k if I bought an investment property with the earnings? I currently am in the process of buying 2 properties and putting ...
Hi All, got a bit of a last-minute issue here.I'm closing on a number of properties over the next three days. The proceeds are being swept together into a 1031 exchange. My question is about how to complete the Form 1...
Aloha I have a complicated real estate, inheritance and tax issue I’m trying to solve.My current approach is to get info on how often you can disperse $ your children under the lifetime estate exemption of 11ish milli...
I’m an engineer (full time, W2) and a real estate agent on the side (Schedule C). I have 20 rental properties (Schedule E) that currently carry a passive loss of 300k. I am purchasing another rental property and will...
Hey there BP Nation! So I've been doing my research, taking in as much as I can and I hear of the many tax right offs and benefits to real estate investing, but there isn't much detail. Now understand I just turned tw...