Henry T.
CPA, STR deductions and losses.
My CPA says STR "A" can only deduct expenses for STR property "A", and only up to income level. Whereas my other LTR rentals B,C,D,E etc, can accumulate/share deductions and losses , as well as carry over. STR cannot....
Bob Ebaugh
QBI and Solo 401K Implications
I'm struggling with interpreting the QBI rules and was hoping to get some comments on if there is any correlation to Solo K properties.We actively "manage" residential rentals we personally own and others held in trus...
RaShandra Collins
Meet up groups/Using VA loan for investment property
Good morning BiggerPockets family! My name is RaShandra (ra-shawn-dra) from Texas currently living in Savannah by way of the army. Been married for seven years and have a beautiful blended family. I have been a pro me...
With her retirement dreams on the line, Jill Forsythe had a few choices: return to work, start a business, or get into real estate investing. After trying out more “active income” business ideas and realizing she didn...
George Habator
Filing tax for rentals transferred from trust
Hi, all. Here's a question for the tax pros. My grandparents left rental property in a trust, of which i had a share. (The property is in CA, if it matters.) In March of '21, the trustee transferred title of the prope...
Joshua Taffe
STR Loophole Cost Seg
I have a quad w/ 2 units on LTR (1 Unit needs Reno, once a tenant moves out) and 2 units on STR after conducting a cost-seg and using the STR loophole with material participation against my W2 income would the entire ...
Nicholas Morris
Out of state investing feasibility?
I live in california but want to invest for cash flow, not appreciation. I've done some research on prices in some of the areas people talk about on here where monthly gross rent multipliers are as low 30-50. Is thi...
Jeff Lee
Help Me Analyze! (Foreclosure Purchase)
Purchase Cost: Paid $66,250 (all cash), home inspection ($350), title (?). I'll just go with $67,000 to make it nice and even.Details: 3 bed/1.5 bath, 1312 square footObjective: Simultaneously list for rent or purchas...
Marian Smith
Will newer Austin investors be able to exit at all? Ever?
Redfin just alerted me that a 1300 sq ft home listed at 185k closed having sold for $198k...not in Austin proper but in suburban Brushy Creek just off 45, fairly close to the new Apple campus. The house is now listed...
Claude Vargas
How to retire off Cash Flow
Hey BiggerPockets! I just joined the group yesterday after looking into real estate investing for the past 8 months. My goal is to eventually earn $10k-$12k per month off cash flow, and have been trying to find my fir...