Kim Dean
Beginning in real estate
Hi there, I am from Charlotte, NC and I’m wondering if anyone can help answer a few questions I have concerning becoming a real estate agent. I’m thinking about making a career change and getting my license, but I’m...
Dhaval Sheth
What numbers to use when counting passive income?
Just curious, when people say that they have $5k passive income from real estate for example, typically is this number just a pure cashflow after setting aside the reserves (vacancy, cap-ex, repairs) , or is it cashfl...
Rob Ko
Tax related questions for seasoned investors or cpa
I am looking into buying a long distance rental property. I was wondering what are the tax regulations. Will I be double taxed, once in my home state and the other time at the state where the actual property is? I wou...
Charles Cruse
Depreciation exceeds income, do i get a refund?
Hi All,
Looking for some sources or answer if available. I am currently working abroad long-term. So I am not taxed in the US on the income I earn from my job. However, I do own a rental property in the US.
I know ...
Victor Eng
Renting out the first property and buying a second
BP,I recently maxed out my leverage (my PITI is 42% of my gross income) in order to purchase my first owner occupied property (I put down <20%). I am planning to purchase a second property in a few months using the...
Neguiel Hicks
Renting Current Home Question
I am at a cross road here and not sure what to do. Have a home under mortgage with about $80k in equity. I have 2 options1. Refinance my home and rent it, of course getting into a second with the eventual goal of repe...
Matt Kvalheim
Can R/E Losses on a property be used to offset Profits from another property?
Hi,I’m having a tax discussion with my accountant, and I just want to double check that he’s got it right, so I thought I would reach out to the BP community!If I own 3 SFHs as rentals and two of them produce profits ...
Oswaldo Arriasola
Plan after the military investing in a 4 plex analysis
4 plex analysis Property is located in Edinburg, Texas- Income generated per month from my job will be $6100I am looking into one property at the moment for when I get out of the military next year and become a state ...
Roy Mitle
Zero tax: schedule E losses from rental with passive income
I have a rental which has accumulated a lot of losses on schedule E. Mainly due to depreciation. I intend to not sell the rental and pass it on my kids. In that case they will get step up basis and won't have to care ...
Brendan O.
Buy and hold next level help
Hi,Im investing in buy and hold properties in San Francisco. Im buying sfr's for 1 million , developing them as much as possible and generating 20K a month in income once complete. Im trying to figure out a way to buy...