Matthew Morrow
Treat REI as a Buisness. Get started on the right foot
Hello everyone,
As an investor, mentor, and team lead of an investor focused real estate group- we instill these values and approach to real estate investing with all of our clients and partners. Thought this was wor...
Nicole Sun
Is Private Lending Income treated as passive or active by IRS?
I have done PL lending inside of Roth IRA. Now want to branch out to my personal fund outside of Roth. A quick tax question - is the income from PL treated as passive or active in the eyes of IRS? Thanks for any insig...
Anthony Tulino
How are tax deductions treated on a live-in rental flip?
Hello all, I'm a newer Bigger Pockets member and I have a question about a property I am looking to buy. First off, sorry for the confusing Subject, I didn't how else to word it in 1 sentence.My plan is to purchase a ...
Brit Foshee
If homes are treated as inventory, is a home purchase deductible
I'm seeing conflicting information online.As a "dealer in real estate", my homes are treated as inventory.Because they are treated as inventory, is the purchase of a home deductible in the taxable year it was purchase...
Ali Mol
Question about Treating the Credit in a Lease-to-Own Agreement
We signed a lease-to-own contract for 60 months. At the end of the term, we are obligated to provide a $100,000 credit at closing toward the purchase price for the buyer/tenant. This credit amounts to $1,666 per month...
Esther Kim
Duplex-Fumigate by Tenting or Spot Treat for Termites in So. Cal.
My duplex is 40 years old and both received spot treatments for dry wood and subterranean termites about 12 years ago. While working in the attic, my contractor noticed extensive termite damage in beams. This unit is ...
Esther Kim
Duplex-Fumigate by Tenting or Spot Treat for Termites in So. Cal
My duplex is 40 years old and both received spot treatments for dry wood and subterranean termites about 12 years ago. While working in the attic, my contractor noticed extensive termite damage in beams. This unit is ...
Julie Groth
How is sale of Historic Tax Credits treated? As a cap gain?
Sold some state tax credits at a discount. How is that income treated on tax return?
Johnny L.
Every Contractor Is Treating Me As A Client And Not As Developer
I'm currently trying to build my first infill spec home. I have most of my soft costs figured out and have a piece of land I'm ready to go under contract on and have vetted. I now need an estimate on the cost of what ...
Leo B.
How do lenders treat short term rentals in terms of a value add?
Hello all-I just came from the SF Bay Area RE Summit provided by @J. Martin and all the great speakers from BP here and the presentations definitely got me thinking more creatively on my investments. There were prese...