Mukesh Yadav
Loss from a Syndication investment
Hi All,
I have a question for those of that are tax savvy. If you have a loss from syndication investment ( the entire project went bust) can you use that loss (from the final K-1) to offset your regular W-2 income ?...
Jason Graves
Have $708k cost segregation loss from $2018
If I sell a property with a $200k gain does my $708k cost segregation loss offset that gain?For example -$708k loss+$200 gain no tax $508 k carry forward loss
Nathan Roberts
Converting Primary Residence to Investment Property
I converted a property from a primary residence to a rental located in California in 2022. The date of conversion is 5/29/22 which reflects the first day it was advertised online for rent. After listing for rent, I st...
Jon Perkins
Tax advice for sfh investors
Ok. So I've started my real estate journey with yhe purchase of 2 sfh rental properties in Pensacola Fl. My wife and I are high money earners (I guess. We live in CA so doesn't feel that way) at over 225k annually bef...
Jeff G.
Estimating Income Taxes on cahs flow
Why are income taxes never incorporated into cash flow calculations? I am on track to have 6K positive cash flow in my first year for a house I bought this January. I however don't have the slightest idea how much o...
Jon L.
Cost Seg SFR to offset capital gains?
Can I cost 4 single-family homes to create a paper loss that offsets $2M in capital gains from an apartment complex? Where can I find more info on this (besides go talk to a CPA)
Melanie Baldridge
A quick mini guide on Bonus Depreciation
The tax benefits of bonus depreciation can lead to massive savings but losses won’t help one bit if you can’t use them.
Before you buy a cost seg, you need to know the rules:
Tax all starts with the types of income....
Dustin Harmeyer
Tax advice and/or help
Hello. Bought first rental property this year. Using as LTR in central Ohio. Any advice and tips for helping maximize tax benefits of rental property? Appreciate any advice. Thanks in advance.
Steffen Vater
Benefiting from passive loss/cost seg without real-estate professional status
So I just found out that the loss ($9,500) I showed from last year's real estate syndication investment ($25k) was useless on my return due to the fact that the IRS disallows the use of this passive loss if AGI is >...
Thomas E.
Now RE Professional, what to do w/ passive losses carried fwd
Good day – I hope everyone is having a great weekend – I have a question I am sure some folks here have run into previously.Disclaimer here – I am pretty new to BP and have been enjoying searching around and getting f...