Rich Barrett
Self-Directed IRA - What happens when you turn 65?
My wife and I are 54yo, with IRAs holding traditional securities, and have previously dismissed the idea of using that money for real-estate investment for various reasons.
However, there is a piece of land that we’...
Justin Ward
str loophole for long term rental income
HiI’m confused about the Short term rental loophole. If my STR property qualifies for the STR loophole then can my long term rental property deductions then be brought over to offset my active income like being a real...
Kenia Crevoisier
You can deduct charitable donations even if you do not itemize
Hi BP members. I am CPA that specializes I real estate and international tax. I am also an aspiring real estate investor I hope to connect with other RE investors and share some of my tax knowledge with you all. I’d l...
Olivier Mader
Some before and after photos of my current project..
Here are some before and after pictures of my current project.. Interior is basically done and I still need to paint and do some minor exterior work. Will also replace the windows and do some landscaping.. Got a steal...
Sylvia B.
Tax on capital gains question
Married couple filing jointly has taxable ordinary income of $30,300 and long term capital gains of $100,000. How much tax is owed on the gain?A. $0 because taxable ordinary income is below the threshold level of $75,...
Roger Deweese
Self manage STR through checkbook IRA?
Hi all,New here and looking into investing in short term rentals but have lots of questions. I have $140,000 in a ROTH that I would like to convert into a checkbook IRA and self manage both the ROTH and the properties...
Robert Spence
Real Estate Investing company for tax advantages..?
Hello everyone, this is my first post on the forum, but I have been reading an learning from many people on this site for quite some time.
So im tired of giving the IRS all of my income, and I have been reading about...
Marc Zak
LLC Insurance and Taxation
Hello BP community,
I currently own two LTRs (one in MS and one in CA), and will hopefully soon own one STR (CA). All of my properties are currently owned directly by me.
I've been advised to hold each property in ...
Greg P.
Private Lender as Business Entity Considerations
Hi,
My apologies if this has been addressed before. If so, please "point" me in the right direction. Thanks!
What form of business entity do private lenders choose who lend from only their own funds? ...
Donald D Michna
Capital gains taxes after retirement
I was speaking to someone about there rental property and they mentioned that if they sell one of their rental properties after they retire or have of income of less than $33k a year that they do not have to pay capit...