I'm looking into buying a condo to keep for a year and Rent and buy another one. How does one qualify for the next property and be able to keep the existing one? Let's say I have an income of 120k and min payments of ...

Let's say you made a couple hundred thousand in net taxable income from house flipping and you're holding some of that cash through the end of the year until you find another property, so 1031 is off the table.  Other...

Hi,I am a R/E investor that is seeking the community's thought on the following tax related questions. Please feel free to chime in and provide your two-cents. Appreciate any help in advance.Background Information: I ...

My dad owns 41 units right together. He has $800,000 in them. The rent from them have been paying the loan for 4 or 5 years. He said a few years ago they appraised around 1.2m and since then have fixed several of them...

Looking to get some feedback. I own a few multi unit properties - all of which are under my personal name. I’m wanting to make sure I’m insulated from any risk (tenants hurting themselves, personal liability etc) by ...

I live in NY and have my taxes as a NY Resident. but Bought a property in Maryland.  Can i deduct all my expenses for this property on schedule E for example and use the loss to reduce my taxable income?  Does anyone ...

I am purchasing a new condo and am hoping to rent out my current condo. This will be my first foray into being a landlord. One of the requirements the lender has is that I have a 12 month lease to meet income requirem...

Hello everyone, my name is Kyle and I've recently decided to begin investing in real estate. After finding myself on BiggerPockets almost daily reading through posts, I've decided to join!Long-story short, I've create...

My husband and I own rental property together, we are both on the deed. My husband qualifies as a real estate professional for tax purposes. We want to use that to offset my income, as I am the higher earner (I have a...

Hey all, I'm a smalltime investor currently living in a flat of a Chicago 2-flat while renting the other out, and also have a SFH rental in OH. I'm not looking to scale anytime soon. I have my personal emergency fund ...