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Has anyone quit their job after just one or two deals?
After the second one I have in mind, my net income will equal my W2.
Just curious. I am tempted. (I posted this in the STR discussion because I doubt this has...
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I've been told that the IRS requires you to depreciate a residential rental even if it is in an IRA but you do not get to take the deduction. And, I'm told that you recapture the depreciation at 25% when you sell the ...
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Why would a single filer full time employee for ABC company making 100k per year in the 28% tax bracketEver want to becoming self employed and have to start paying self employment tax? So basically 28% + 15%?What is t...
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What is the best way to use your 401k pre retirement to fund your real estate purchases?
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I just stumbled upon this. Another plus for section-8 rentals. Albeit a small one.
From the IRS:
The applicable percentage used to figure the ordinary income because of additional depreciation depend...
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Hello all,
I have a pretty basic question but couldn't find a concise answer posted.
What's the difference between net operating income and cash flow (as used in an REI context)?
My understanding ...
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Just had my 2018 taxes done, it was my first year as real estate investor and for better part of the year, I was working to increase my real estate knowledge base by attending both paid and unpaid seminars, reading re...
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
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Hi,I am a R/E investor that is seeking the community's thought on the following tax related questions. Please feel free to chime in and provide your two-cents. Appreciate any help in advance.Background Information: I ...
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Is there a calculation to determine how much Real Estate you need to buy to bring your tax liability to zero? For simplicity's sake, we can just use straight line depreciation.