David Zheng
Basic Self Employed Tax Questions
Hey Guys, I'm about to go the self employed route and need a little help with how do setup my personal income taxso tell me if I'm going about this right....Heres just a simple example1. 5k rental income- 2k expenses ...
Sean H.
Good tax write offs for high income?
Besides the obvious write offs: gas, home office, etc. What are some of the worthwhile things you have bought that have a huge write off? At over 200k/year, with the progressive system your top end income is nearing 5...
James Hiddle
Steve Jobs Passes Away
http://finance.yahoo.com/news/Apple-says-company-cofounder-apf-2413458028.html?x=0
Account Closed
Multiple real estate income streams in LLC
I just finished last year's taxes and have a large passive loss (after depreciation) on my rentals. But being a passive investor with large W2 income, I cannot benefit from the tax loss (at least thats what my account...
Lisa Casey
General Contractor is declaring bankruptcy and owes me work/$$$.
I hired a General Contractor/Small Co. (in business for 40 years), to add an addition to my Airbnb rental house. I paid half down in March 2018 and he was suppose to start on July 9, 2018, that is when I was closing t...
Mason Haley
Cost Segregation with a Partner/Multiple investors
Can someone speak to cost segregation and the possibility of this being done with a partner or multiple investors? I see the obvious benefits of cost segregation but my wife and I will likely be in full time jobs the ...
Deepak Lal
Tax Benefit on joint Tax return
I am investing on on multi family real estate ( Apartment complex). I file the tax return jointly and my wife is Home Maker.The question is:1. Should I add my wife's name in the subscription document?2. What is the ta...
Gary Mendrin
Dayton economy. Where is it going?
Hello to Dayton, Ohio investors! I'm interested in the Dayton market and trying to understand what's been happening there since the Great Recession. I've read some of the Dayton CAFR and it says the Dayton Region expe...
Clare Cui
Co-signers? (skittish from bad experience)
Hello all,I do a rent by room strategy outside of Denver proper, and in the past have been burned a common denominator of two tenant that I allowed co-signers were not a good fit. One tenant in particular that was a n...
Matthew Freese
Tax Deduction Rollover Into Next Year
Hi Everyone -I am planning on buying a 2 unit property and renting one of the units to my friend. I am giving him a good deal on it, so the rent will only be a few hundred dollars. I have done a lot of reading on all ...