I have a question about Real Estate Professional status as it pertains to taxes. I've been an investor for about 4 years since I moved out of my first home and rented it out. Since then, I have bought two more homes, ...

Question for you all in this community, can you deduct interest paid out of HELOC, which the funds were used to buy a rental property? It is my understanding under the new law, HELOC interests are not deductible for a...

I've recently left my long time W2 job after my leave of absence expired when caring for my husband. I have a decent 401k that I do not want to leave in the stock market. Is an SDIRA my only option if I want to use th...

I'm thinking about selling a property I currently own to my adult stepchild (would trust with my life). I am planning to quitdeed claim the property to the stepchild (gift the stepchild closing costs needed to buy it...

I'm considering cashing out a modest 401k and combining that with cash to purchase a 4-plex. I have seen lots of discussions about the pros and cons of cashing out. Some people suggest solo 401k or self directed, or j...

Hey there! If turn that my primary home into a full rental and receive $3,000 per month... am I able to claim (75%) of that rental income when the lease is signed? Do I have to wait a set time and/or wait for taxes to...

I have a rental property in Oregon and I am a part-year resident in CA. The rental property generates a loss after depreciation, mortgage interest expense, etc. My question is can this loss be allocated to my CA sourc...

As the doom and gloom grows, people who already own income properties suddenly start to panic and fear the worst. Hopefully if you got into real estate investing, it wasn’t on a dare or because you were following a ...

Hi all! I'm considering renting my current primary residence when we "upgrade" and buy something nicer in a few years. I'm trying to understand the levers and drivers that make a property a good rental property, and I...

Should I buy a commercial property in New Windsor NY? Here are the details:   -3 tenants, of which 2 of the tenants occupy multiple offices. The kitchen remodeling store occupies units 101 and 102. Hair salon occupies...