Account Closed
Plan for Self-directed Retirement Account - Thoughts?
I have an opportunity to roll an existing 401k into a new self-directed account. I would like to use that account to fund a real estate investment business. After reading through this forum, listening to the Jeff Brow...
Erika Lessard
New construction as first investment
Hello. I've originally thought that once I could get some capital to buy, that I should house hack in Missoula (MT.); we have a paid off home about 35 minutes outside of there. I'm tired of commuting to work in the ...
Brad Gibson
Cost Segregation Study for STR
Howdy everyone. I'm considering the purchase of a small home in Western Washington as a STR. One of the intriguing things about adding this home to our portfolio would be the potential tax benefits of doing a cost s...
Deepika Tandon
benefits of real estate professional .
I would like to know the tax benefits of the RE Professional . Me and my husband both work full time. We are upto 19 units and flipped 2 houses so far. We do have property management in place for our 12 -plex and 4-pl...
David VanSteenkiste
Too high income to take RE tax deductions?
Does none know if there is n income level at which you are not allowed to take tax deductions fom RE? Ex. If you are a high income W2 employee and want to start investing in RE. How does he 86 tax law effect you? Can...
Kim Bunning
Rental Properties in Boulder, CO?
We own two rental properties near Boulder, CO (Gunbarrel). Market value is about $550,000 (total, before taxes). We paid $108,000 for our first one (15 years ago) and $135,000 for the second one almost ten years ago. ...
Roselynn Lewis
Investment Goal Setting
I am new to real estate investing. I have started the process of educating myself and it seems one key is having concrete goals. E.g. Say my initial goal is to generate $ 5,000 - $10,000 per month in free cash flow th...
Pixel Rogue
Land-lording exit plan
Hello everyone,
Looking for a thoughtful exit plan from land-lording. Been at this business for 20 years and there is more to life than wearing maintenance and cleaner hats al the time. This was originally a 5 year p...
Jay Hinrichs
CAlling BP CPA to write post to clarify new tax bill for landlord
@Mindy Jensen Mindy it would be great if you can twist one of the CPA on BP to do a nice post on the effects of the new tax bill.. as I know the threads will start to run wild with you can do this you cant do that....
Karl Kauper
When Can RE losses not be taken against ordinary W2 income?
My accountant stated, “The losses incurred on the rental properties cannot be taken and will be carried forward as your income exceeds $150k, thus no losses can be taken against your ordinary W2 income.”I was really s...