Hi there, I am beginning to analyze deals in my area (Austin, TX) using the Biggerpockets rental calculator. After going through a couple analysis practice reports, I keep finding myself in the red (between $300-$600 ...

Hope this makes sense, but was listening to episode 269 with Amanda Han and Brandon Hall, and it got me wondering.Is there any real net- benefit from owning a relatives home and having them pay you rent versus them si...

Hi all,I’m currently in a situation where I’ve got a Tax Burden of approximately $2 million. I need to reduce this with real estate investments before the end of the year. What can I do?I’ve been trying to develop a g...

I've got a property with a negative cash flow for 10 years.  I bought it right before its value dropped.  The value never climbed back.  It's had a tenant for most of the ten years, however, expenses are more than ren...

I am selling a home in Georgia as a non Resident.I am told a 3% of Cap Gaines will be with held for the GA IRS.I read that GA Capital Gaines tax is 6% and they seems to be no Long term/short term differential.I unders...

Hi.  My plan 14 years ago was to buy and hold.  But then I got interested in foreclosures.  I bought one in the Fall of 2007.  I probably don't have to tell you that my timing is not so good.  But at least time is on ...

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We have decided to rent our house (that we live in) and move to South Bay in CA. We are planning to rent a house there and NOT buy one. Well, thats the discussion I had with Wheatie and Christian. Anyways, have a...

You Too Can Pay Less in Taxes!

When I first started my entrepreneurial journey, I used to think of CPAs, accountants, and the IRS as the necessary evil that I just have to deal with. Ten years later, I understan...

I got my tax return, schedule E and my property due to depreciation, took a loss. Not sure how to feel about this? See attached Supplemental Income and Loss, statement. 

Exploring pros and cons and also evaluating what option provides more advantages to w2 earner in terms of better tax deductions - A. Syndications: will get K1 form, what does it include ? prop tax,mortgage interest an...