Picked up a few single family homes in the last few months. They have been remodeled (completely gutted, rebuilt, and ready to be rented). ARV on the first should be around $185k (I have $130k into it with the purchas...

Hi,I was wondering how and if my wife could qualify as an RE professional for tax purposes? I would love to be able to write-off some of my W-2 income.She is a stay at home mom with our 1 year old son, and uses her fr...

Hello everyone, I'm new to BP as well as real estate. I need a bit of guidance please, what are your thoughts on purchasing an investment property before purchasing your primary residence? 

Any investors out there knowingly investing in markets in general decline? My hometown is effectively a rust belt city.  Population is exactly the same as it was when I was born and median income has stayed relatively...

Hi,I purchased a home last year through my S-D IRA.  I made a lot of improvements to the home. Are those improvements tax deductible?

Hi I am a Canadian trying to jump in to this exiting investment.  I live in the metro Toronto area houses here are so expensive, so I was looking in US, Rochester new York, buying and selling or holding. but I wonder ...

Somewhat confused here, how can a property appreciate,  yet one can claim depreciation for tax purposes. I heard Depreciation is a bigger factor for higher end property just how big is factor would it be for say a 350...

Hey all,Curious if anybody has found a "one shoe fits all" place that they can input all of their deductible items in, so they know roughly how much they might owe/be due when tax season comes around.I found one excel...

Bought a single family home for a flip $271000 cash last November. Planned on being in it less than a year so I put it into a LLC (that I started in 2015) for tax purposes. The LLC only holds the house. House is worth...

If you own real estate in a single member LLC, can you pass mortgage interest payments to be deducted against other personal income?  Or only against LLC income? thks