Shawn D Augusti
Start-up cost tax deduction
I'm in the process of acquiring a second rental property. Can I calm/deduct start-up cost for this property if i add it to an exciting LLC which already holds my first rental or what that expense be considered "operat...
Joel Oh
Write off luxury car under STRs?
Hey guys, thinking about purchasing a car this year and wondering if it is possible to write off a luxury car for their STR expenses.My tax advisor said that I will need to prove this car was used for the business.I k...
Breonna Mahana
Lenders; Denied on Pre-Approval, no consistency! Why is this?
I genuinely need answers from professionals. My husband & I have spoken to 6 different lenders. Each one we have spoken to gave us a different answer to why we can't get approved, please help me understand why.
O...
Becca F.
Do PALs from RE offset capital gains from stock dividends and another question
I have been doing my own taxes and have a large amount of Passive Activity Losses from my rentals, don't want to mention the specific number but it's a lot in the thousands. I'm a W2 employee, all long term rentals, n...
Dallas Jacobsen
Capital Gains Exceeds $500k - primary residence
Hello,We are selling our primary residence after living there for 10 years, and will gain nearly $1M (purchased $390k, sold for $1.375M). We are immediately buying another house for $1.2M. As a married couple, we ge...
Elizabeth M Williams
Accredited Investors & Taxes in Multifamily Syndications
I've had a number of enquiries via my site by people who'd like to invest in one of our syndication deals, but can't due to either not being accredited, or the majority of the deals being open to accredited, not sophi...
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...
Noelle Quinn
Best Cash Back Credit Cards for Landlords
Hi All,I have been trying researching the best cash back credit cards to pay my property expenses instead of using my personal credit card and bank accounts. My brother and I share a couple of small investment propert...
Kristine Libby
Sac County - asking for easement for bus stop
Hey guys, wanted to throw this up here to see if anyone's faced this before and has any advice dealing with the city. We own a 4-plex in an up and coming neighborhood in Sacramento, CA and the city is doing a revitali...
Sarah Atkins
Property Management Software
I am researching different platforms to use for Property Management. I would like something that has the capacity for both Residential and Commercial properties; online rental payment options with autopay opt-in as a ...