Arthur D.
W-2 and Depreciation
Hi there friends.
I've purchased my first property late last year.
My only income was months rent Dec.
So. My question is. Can I deduct my loses from my W-2. My loses would be rehabbing, utilities , etc.
About $...
Peighton Woodard
DC area investing (VA side)
Hi all! We are a military family facing a possible PCS to the DC area. I am a licensed Realtor in NC and it seems my license will transfer easiest to VA vs MD. With all of that being said, as I look at houses in those...
Hampton Edwards
Self Directed IRA (after age 60)
I've seen a lot of info about the self-directed IRA for investors that are under 60, but I haven't found anything (yet) for those of us 60 and over. Is that still the best vehicle to move my 401k into, if I want to in...
Robert Gunther
Foreign company buying USA properties
I'm in the thinking/planning/structure phase of an idea.I've got a company located outside the USA that has some money, would like to use that money to purchase property (ideally commercial 5+ unit residential buildin...
Ernest Badalov
Capital gain tax
Hello everyone,I’m in Wilmington, NC and I’d like to know what would be my long term capital gain tax on a rental property that I own for 3 years, assuming that my household gross annual income is $82,000. In my parti...
Ben Clinger
The Ohio Housing Finance Agency and my first house hack
Hi,I just wanted to make everyone aware of what I believe to be an underutilized housing program available to first time homebuyers, veterans, and college grads in ohio.The Ohio Housing Finance Agency (OHFA) offers di...
Kyle Scofield
College Student w/ LLC filing for taxes
Can I still be claimed as a dependent on my parents taxes? How does this work?Thanks in advance to anyone that answers!- Kyle
Peter Schuyler
Solo 401K qualification if Im a Property Manager for my rentals
Fellow BP expertsWould my LLC which has buy and hold rental income only at this point, qualify me for a Solo 401K, if I have the LLC pay me as the Property Manager?Would that self employment income be enough to make t...
Wes F.
Opinions Wanted (sell or keep my appartment)
Hey all,I'm Wes from the Netherlands.Big fan of BP, love the books and podcasts. I would like to gather your opinions on my current situation:Me and my wife are now living in a 4 bedroom appartment, great location, an...
Eli K.
Which Expenses are fully deductible on a rental property?
I read many articles saying that you can deduct your property management fee or your repair costs or your insurance cost from your tax on your rental property, are those fully deductible??? Like if the property manage...