BP Community,
I need your help. Over the years, I've been involved in a wide variety of real estate projects - a BRRR, 2 flips, a vacation rental and a major renovation. I have decided that in addition to building a ...
I presently invest in multi family properties in PA. I look for properties, buy and hand over to a property manager for day to day management. I spend considerable amount of time setting rents for new leases, renewals...
I've been trying to find a definitive answer on whether a landlord (in my case, owner of 4 separate rental units) can take the 20% pass through income tax deduction for tax year 2018 and beyond. I've been reading conf...
Hi all,I have a question that day traders may come across. This is my first year day trading and although I did very well I didn’t plan for doing taxes (did not elect trader status on time). Now, at the end of the yea...
I'm working with a CPA who is arguing that STR should be considered a passive designation and therefore losses in our holding LLC cannot be applied to my W2 wages (which are > $150k). My spouse and I will be alloca...
I ask this question because there are real differences in what you are allowed to deduct, capitalize and report in these two situations.
Investors that are wholesaling and flipping are typically in the business of re...
Hello to the BiggerPockets community! I am a new member to the BP forums, and would like to introduce myself. My name is Hersh and I am currently looking into multi-family in the Indianapolis, IN area. I currently am ...
#2 You’re Okay Having Someone Else Take the Reins
If you’re short on time, but heavy on cash, and want someone else (a professional team) to manage the property while you reap the rewards, you’ve found the right inve...
Hello!In 2022 I purchased a real estate course and am wondering if it's possible to write it off on my tax return. I have just one investment property that I rented out Feb-Dec of 2022. Other than that I am a full tim...
Hello there, BP community! My name is Asela. I'm currently living in Fort Worth, Texas and plan to invest in the DFW area, but I'm also looking at investment properties in Nebraska, Flordia, and a few other states. I...