Rud Sev
High level of taxes for syndication
Hello,I am new to the world of syndication (LP investor) and want to understand how taxes at a high level for syndication as LP before asking individual specific questions to my CPA.Notably, I want to understand how p...
Mark A.
Dilemma... what would you do?
Scenario 1: 2 houses with mortgages, very minimal but positive return on both ($4k annual net profit) Scenario 2: sell 1 house, use equity to pay off other house ($14k annual net profit) Which one would you do? And why?
Jessica Singh
Syndication exit strategy to defer depreciation recapture tax.
I wanted to explore Syndication as a passive investment opportunity with fellow BP members. I am not able to figure out if it is possible to defer the depreciation recapture gains when the syndicate goes the full cycl...
Buddy Holmes
Why can't a Passive Loss carry over to off set LTCG from sale of a Passive investment
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...
Bobby Andrews
Deductions for non-REPS
Hey everyone - first post here but have done a lot of research and reading. Hoping I can get some guidance with my question!I own a 3 unit commercial building that generates about $50K/year in net revenue. I'm self em...
Lisa Mason
Claiming the Home Office Deduction when you have a net loss for the year?
Does anyone know if you have a net loss for the year, do you claim your home office deduction that year and carry it forward, or do you "not claim" it, hold on to the info, and claim it when you have a net profit for ...
John Canchola
Partnership, S-Corp or C-Corp LLC? for passive cash flow?
Hi GuysMy dad and I are 50/50 Managing Members of an LLC (filed as "Partnership"). He is 62 and I'm 42. A couple of years ago we just paid-off our bank loan, reduced our operating expenses to a bare minimum and are r...
Judy Parker
Need a second loan.
Hi,
My aunt makes about 40k a year and she purchase a house that runs around 200k. She has tenants that is paying her entire mortgage for that house. It is a 2 unit house she lives in the back and the renters live in...
Jacob Anderson
Is it foolish to use a HELOC for a down payment on a rental property?
Hello, I'm looking for some advice. I found a property in my area that would produce decent cash flow and appreciation; however, I would have to use funds from a HELOC on a different rental property for the down payme...
Shiela Zhao
Energy Tax Credits to Reduce Seed Capital
Does anyone have experience with working with solar panel installations and other ways to get tax credits as a way to reduce seed capital for real estate investing?