Just finished my 2016 taxes and I have about $30k in passive losses that I have to carryover. Besides buying better cash flowing properties in the future, are there any other ways to take advantage of passive losses?
Has anybody participated in tax lien certificates? Can you please share your pros and consThank you Mary
Hi there :) . My name's Chaitan and I'm a Toronto native. I work as a SAP programmer but honestly I am sick of working for someone else and making someone else rich. I have been listening to the bigger pockets podcast...
"Special Allowance for Rental Real Estate Activities
Active participation. If you actively participated in a passive rental real estate activity, you may be able to deduct up to $25,000 of loss from the activity from...
Hi all - I have a question on depreciation recapture as it relates to syndications and calculating after-tax returns as an LP (I am mainly thinking about multi-family here). As I understand it, an LP will have to pay...
Hi All -Anyone have experience creating an LLC for building and managing a new ADU construction? Did you find it beneficial vs not creating the LLC or any type of pass through entity?Listed some of the tax benefits yo...
Hello Bigger Pockets Community,I am an architect working in the Seattle area who has begun to feel like I'm on the wrong side of things in the built environment. Like many of the people I've been listening to on this ...
I have 2 different types of investmentsa) rental - keeps on giving me passive losses because of depreciationb) K1 syndicates - give me passive losses till they liquidate at which time I get a Long-term capital gain an...
Hi All! My name is Rachel and I'm a Real Estate Agent in the Fort Lauderdale, Florida area. I wanted to take this opportunity to introduce myself and share how excited I am to connect with everyone. I've been listenin...
So, I have 3 more rehabs to go, 2 are houses and one is converting an apartment house garage with a kitchen and bathroom to an apartment. After these are done and rented, my why needs are fulfilled.So, do I stop addi...