Hey, Guys.I just bought my house for 175k in tampa florida with 3.5% down with FHA loan and I have 3 roommate who’s staying there to cover my mortgage. Now for some reason I can’t be in that house that ofter and it’s ...

I getting ready to sell a rental house which has accumulated a significant amount of Net Operating Loss over the past 20 years.  I understand I can use this NOL to reduce my personal taxable income.  Question:  Can I ...

I live in California and minimizing liability is the name of the game here because the state is so favorable to tenants, even when you go out of your way to do the right thing.  So, I want to put a clause in my lease ...

Hi,
I am looking at a four plex. I asked for Schedule E. I got for three years.

Last year shows as follows:

Rental Income : 20,000

Rental Expense 20,600

Depreciation 6000

Rental Loss 6000

Last three year the fi...

Here is a scenario I would like some Intel on from somebody more educated on the topic than myself.W2 Employee in the 35% tax bracket, purchased an apartment complex in 2019 for $2.5mm under and LLC. You value add the...

This is my first time investing in a syndication and I received a K-1.  Box 19A had 'distributions' and there was a capital loss as well in box 1.  My understanding is that I shouldn't pay any taxes on the distributio...

 Our goal is to develop a financial strategy for moving forward on purchasing investments this upcoming year. I think I have a decent plan of attack despite a recent setback, but would love to hear what advice the BP ...

I own a trucking company (semi trucks) and a few of them i have personally guaranteed and appear in my credit report. My question is, in Texas my Taxes are usually net negative due to the ability for depreciation on t...

I have loaned (2nd position) to a flipper using my SDIRA. A hard money lender was utilized for the 1st position loan. The property was purchased around mid-August 2018 and placed on the market in November 2018. It is ...

Hello everyone,We recently started investing in real estate in 2020. We are buy and hold investors and currently have 2 doubles in the cleveland area. We got into investing for it's wealth building annd tax benefits. ...