Alyssa Magyar
is the income from my "house hack" not for profit income?
Looking for guidance for how to handle rental income on my tax return this year:
1. Rented a room in my town home to a friend from May 2021 to December 2021. I live there as well.2. Made around $3k in rental income (...
Michael Perreira
Tax free retirement income strategy
Hello, just wanted to throw a strategy out there for tax free retirement income. Refi ladder: for purpose of this posts we'll say we finish with 30 properties, all with 15 years of equity and payments on a 30yr note...
Yossi F.
Investment property down payment
All, What is the latest down payment requirement for an residential investment property in the New York area? Specifically a property with two houses on it (i.e. a multi-family property but not a multi-family bu...
Daniel Dietz
Income fluctuations / DTI / Qualifiing for Conventional FHA?
Hello All,So far I have been buying rentals with my self directed IRA, but would also like to do some with conventional 30 years fixed financing before rates get too high. When I looked into it this year, even though ...
Denise G.
Property owners in CA forced to reduce rents by 25%
Here we go again:https://caanet.org/votervoice/
A new legislative proposal in response to COVID-19 would force every rental property owner in California to reduce rents by 25%.
AB 828 by Assemblyman Phil Ting igno...
Paul Winka
When is loan interest considered income?
I do private lending. I have a primary borrower. When a transaction closes, the principal and the interest are rolled to another loan. Thus, I never touch any of the money. Is that interest considered income for tax p...
Hannah Vohs
Learn: What Is The Loan-To-Value Ratio In Real Estate Loans
When dealing with financing institutions, you’ll find that prior to approving a loan, they carefully vet your investment plan to assess the risk involved with financing it. To do so, there are several industry-standar...
Taylor Null
Looking for advice on turning my primary home to STR in Austin
Hey y'all,
I'm wrapping up my live-in renovation of a property in South Austin. I would like to keep this property and use it as an STR. However, I would like to move out and purchase another primary residence.I have...
Kirk Roberts
Selling property tax implications
So I have a fix and flip that I bought roughly 8 months ago. I now have it under contract. I've been talking with my accountant to try to figure out tax implications or deferring taxes through a 1031. Needless to...
Charit P.
Taxes on multi-family syndication
Hoping someone with syndication and tax knowledge can answer my question. My first LP multi-family syndication deal sold for a profit in 2022. When I sum up the tax losses claimed during the first 2 years of the deal ...