I am in CA and thinking of buying 2/3 apartments in MI state managed by apartment complex management.What can I deduct from my expenses?1. Property Taxes (Y/N)2. Property Insurance (Y/N)3. Management Costs (Y/N)4. Mai...
I am looking at a fourplex, that is listed at 117,000, Just based on Realtor's numbers and condition I would be looking to get the property around 105,000. Realtor said it would gross $19,479 yearly. I requested Sc...
i had a tremendous amount off losses this year, capital improvements. i was thinking about defaulting on 401k loan due to the amount of losses i incurred and will not affect my credit
HelloI have a general question surrounding syndications .....multifamily, mobile home parks,self storage, industrial etc. Obviously sponsors / GPs have to deal with insurance, property taxes etc ,I would like to know ...
Help please in learning how passive losses can offset Cap Gains.
I watched Brandon Hall's great #45 Daily Smart Tax video but my Turbo Tax seems to have a different opinion.
Form 8582 calculates Passive loss Limitat...
I am considering passive investing in real estate syndications, but have questions about the tax benefit of the depreciation/accelerated depreciation.I am currently in a field that would qualify me as a "real estate p...
Can someone explain to me how tax depreciation works as an LP? At what point do I actually pay taxes on my capital gains? Is it really just deferment and at some point I'll have to pay on all of it? Seems like a too...
I'm part of a 2 person LLC taxed as a Partnership. From what I understand the LLC can deduct organizational costs. Can somebody walk me through the accounting if Member A spent $1000 and Member B spent $500 on organiz...
Let’s say I have 100K in long term capital gains from stock market that I have realized. Can I take this 100K of realized capital gains and use them for deposit in an investment property and avoid paying long term cap...
Although I owed a duplex as a primary residence in the past, I'm just now getting into multi-families as investment vehicles- mostly buy and hold for cash flow. My income is moderate, but combined with my wife's we re...