Newbie on bigger pockets looking to buy a fourplex and house hack. I appreciate all the sound advice and points of view I have gotten on this forum thus far.Do tax deductions in real estate (for example depreciation) ...
Hello Everyone,
My name is Corinne O'Connell and I am looking to hire a Real-Estate Investor friendly Accountant. I am a small REI, which one of my properties had a significant loss. Looking for tax help. My husband ...
I started an LLC partnership two years ago for rental real estate investing. The LLC currently holds two properties, one of which has been put into service. The properties obviously have their specific income and expe...
Attention all BP members. Be aware of an individual Vijah Chopra and his affiliated companies, Landgrabber, funding Realty, Accutech Services. He has been soliciting BP members regarding funding for fix and flips for ...
Earnings too high to claim passive losses?
so what happens if you have lots of passive losses on real estate - but your active income is over 150k? is there a way to still claim those loses if you are a full time emp...
Hi,I'm new to the forums and looking into purchasing rental properties. I do plan on keeping my current job while I get started.I'm currently reading the Bigger Pockets tax strategy book and it is very eye-opening and...
Here is an article about a bill the Senate drafted.
"Washington's housing fix taking shape"
http://money.cnn.com/2008/04/02/news/economy/housing_bipartisan_draft/index.htm?postversion=2008040306
These are two poin...
Had my first fire, looks like it will likely be a total loss. Just curious of any advice from those who have been through it. Also any thoughts on rebuild vs sale of the lot. Thank you so much!
I and my partner looked for the property and we bought one property but when the loan process started, my partner didn't have good credit and loan office dumped him, and I had to bear the whole load of loan of the pro...
Hello, I am currently in the process of finding a short term rental to purchase and wondering how to best take advantage of what I am doing from a tax implication. I am in a high tax bracket so the implications could ...