Christopher Fickess
Are solar panels beneficial on rental properties in okc?
Are solar panels beneficial on rental properties in oklahoma. We have a 26% tax rebate on the value of the panels. Do renters care about solar benefits, and can you charge more rent to offset the cost of the panels?
Omar Luna
Pay off current mortgate in full before buying another home ?
Hi everyone, my wife and I are looking to turn our current residence into a rental property. We have about a year and half before the mortgate is paid in full. We will be putting 20% for our next home, we would like f...
Andrew Coulter
True Tax Advantages of OOS Investing
Hi All! As a newbie one topic that I’m really trying to wrap my head around is the tax benefits of owning passive real estate with a W2 job.From my understanding there are various areas where tax deductions, write off...
Brook W.
Pocket Listings- Any Benefit to the Buyer?
Can someone please explain what the benefits are to the buyer? I get the benefits to the seller and agent.
Peter Hansen
VA LOAN, SFH to Investment Property
Situation: I have a SFH that is about to be a rental property, I used a VA loan for the purchase and lived in it for 3 years. How should I inform my lender of this fact, especially since it was with my VA loan? Wil...
Phoebe Pulido
Cash Out Refi Tax Deductible?
Hi BP Family,
My husband and I are looking to do a cash out refi on our currently paid off home. We plan to use all the funds for investing in rental properties. Would the new mortgage on our home be tax deductible i...
Ed Ortiz
Recently retired from the military and back to RE investing.
I was born and raised in the beautiful island of Puerto Rico. At age 17 I joined the Army Reserves and after completing two years of college I decided to become an active duty Soldier. Soon after arriving to my first ...
Chuck Ward
Need creative seller financing ideas
Looking at a $1m property. Owner having a hard time selling, we wouldn't mind owning, esp for Short term rental purposes.Owner owes $249k.We would like to use very little cash, maybe higher interest rate for the selle...
Marvin Romero
Passive income taxed??
Hey guys,
I have a two part question
1. Is passive income not taxed because it isn't earned income??? Or why is it tax free?
2. If you have a rental that is producing passive income. And you sell it, do you owe tax...
Aashrit Luthra
Negative Cash Flow Impact on W2 Income Taxes
Hi all. I'm looking to buy a new construction home in CA for $750,000 as an investment property (around 8% interest rate) with 20% down. The rent I can expect is $3200. This would surely put me in negative cash flow o...