I got into rental property with the intention of using the depreciation on the property to help lower my taxable income. My accountant just let me know that I was unable to use any depreciation due to income limit...

So, I have read several books and posts on here concerning offsetting income tax with passive loses or depreciation from rental properties, but I am still a little unclear as to how that all works and if I can actuall...

If my deductions are greater than the income generated from my property, how does that effect my tax liability?

Does it decrease the total amount of taxes owed? Or does my tax liability stay the same?

Hi Everyone, I am new to investing in rental properties as I mostly build and sell and I have a question about showing a loss or breaking even on my income tax return. Let me give you some background.  I'm building a ...

I am a buy and hold investor and I have been in acquisition phase where I am buying properties and fixing them up and renting them out. In the process, i am accumulating a lot of passive losses every year. Without con...

Hi all,I've been reading about the Passive Activity rules that prevent passive losses (eg Depreciation) from being offset against ordinary income. Unless of course, the taxpayer shows material involvement and claims t...

Newbie on bigger pockets looking to buy a fourplex and house hack. I appreciate all the sound advice and points of view I have gotten on this forum thus far.Do tax deductions in real estate (for example depreciation) ...

Could deducting real estate losses against your earned income affect the amount of income you can place into a 401k or Solo 401k? Example: if you claim REPS status or you use the STR active status to deduct a total of...

In my last post of 2015, Top 5 Reason to Buy Real Estate Not Named Cash Flow I brought up some reasons that investors may consider real estate a potentially sound investment due to other reasons than cash flow. Before...

Hi All,I understand that there are great tax benefits/write offs as it relates to the purchases you have made towards your rental property like depreciation, maintenance fees etc...My question is...Are there any tax b...