Hi. I'm looking for advice on investing our rental income in the stock market. Right now our money is sitting in a checking account making peanuts. Do any of you put your rental income in the stock market?  I'm thinki...

Wholesaling ain’t as easy as it used to be! It’s become over saturated thanks to the Guru boom in recent years sharing all of the trade secrets on YouTube (heck, that’s how I learned!). My long winded question is this...

A little while back we acquired a property that was a real fixer-upper.   Well, we did a good job and now have positive cash flow.  In terms of positive cash flow, what do you do for taxes?  We'd like to take some out...

Qualifying taxpayers can claim a subtraction on their Colorado income tax returns for certain qualifying capital gains included in their federal taxable income. The subtraction is allowed only for capital gains earned...

Hi all,I came across this IRS publication with detailed explanation on to how to treat expenses for your rental property. Including depreciation and including rental of vacation homes. Here is the link https://www.irs...

Hi all,
As titled.. I did a IRA withdrawal of 300k to buy 2 condos in May/June 2024. 
I didn’t paid the 10% penalty fee. 
I’m not currently working so my income is basically the 300k + (28k gross or 15k net) from a...

My friend has a house the he owns under a land contract with equitable title. Does anyone know if he should depreciate that house on his tax returns or can he wait to refinance and get the deed before he starts deprec...

Hello.I have a foreign friend who is interested in invest in rental property, but there is one concern that he has to pay 30% withholding tax. We agree that I will be a manager for finding good deal since I know the m...

Hello guys so i am caught up in a dilemma here. Three months ago i joined my local reia and i have learned so much about investing from the meet ups although i had prior knowledge before attending the meet ups, i need...

I did W2 for 30 years as in corporate IT. Dabbled in real estate but never went for it big time - bought and sold a few primary residences and a couple of condos over the years. Now I'm 56 and hoping to never work for...