Mike Whitaker
Tax deductions for losses within my LLC
Hello everyone, been lurking for a while now. Now I have a question, hopefully in the future I'll be able to add to this forum.
I formed an LLC last January, bought a house to fix and flip in July (could my timing ha...
Michael O'Brien
Details on pass through deduction tax plan changes?
I’ve seen a few articles on last minute tax plan changes and they are stating there was a last minute change that allows for a greater reduction for real estate LLC’s with no to a few employees for rental income. Anyo...
Dario Miles
Capital gains with two co-signers
I'm hoping this question belongs here.My family bought a condo a long while back. I'm looking to sell, looking at a possible $330k in gains. The loan/deed has myself and my mom on it.We won't be filing a joint retur...
Nate Santillanes
what is your tax strategy during buy-and-hold growth phase?
As the subject questions; what is the most effective tax strategy during the buy and hold growth phase? While working to grow and add additional properties, would it be a good idea not to report any expenses to your C...
Oscar Ledezma Vazquez
Recommendations for CPA in southern California that know STR loophole
Hi,
My wife and I both have a W2 job and purchased a vacation home in big bear, CA in late 2022 that is being used as a short term rental. I am looking for a CPA that knows the STR Loophole and can help us with offse...
Corey G.
Possible to convert an IRA to a Roth with investment properties?
Hello Everybody, I've often wondered about this but I've recently talked to a friend of mine who is in this situation. He owns several rental properties that he bought through his IRA with non conforming loans. He's p...
Brad Rondeau
Tax on my rental when I sell
Hello, My property is in Laguna Niguel CA. I purchased a 3 bdrm condo for $365,000 in Dec 2009 with 20% down. I now have a 4% loan but pay $280 in HOA fees monthly. I did about $16,000 in improvements - paint, carpet,...
Sean Walcott
Depreciation and Syndication
I am deciding about starting to invest in syndications, does anyone have resources that discuss the depreciation benefits? My primary goal in investing in real estate is to lower my taxes.
Steven Gillmer
Can't seem to find deals that cash flow
Hello San Antonio investors! I have only been in the market for a few months, but I was super excited about living in a market that would allow me to invest locally. Unfortunately, every deal I analyze ends up in ei...
David Morgan
Self-directed Roth 401(k) questions
I have a few questions about investing in real estate with a Roth 401(k):
1.) If at age 45 I buy a vacation rental, and at age 59.5 I want to start using it for family vacations, would I first need to distribute the ...