Hello BiggerPockets community. My name is Ryan Kahle. I am 28 years old and currently live in Findlay, Ohio. I became interested in real estate investing starting in 2023, but was discouraged with high-valuations and ...
Hello Everyone!I am a buy-and-hold investor in Atlanta, GA. I have been focusing on single family rentals but I am looking for my first apartment. I have a potential candidate that I would run by you. Any feedback wou...
I am in the process of doing my taxes and was able to register on the new tax center website. My rental properties do not earn over 100k/year so I was able to file the BIRT easily, but I'm confused regarding the NPT ...
Can I deduct passive RE losses from nonbusiness income?? I was not aware of this. Is this true??? See section in bold/underlined belowBelow is an article from the Washington PostTax change in coronavirus package ove...
I have a potential partner that has sold an investment property and moved the proceeds into a QI for a 1031 exchange. How would it be possible to purchase a multifamily property using the funds from this exchange? I...
My partner and I are 25yo, have up to 80k saved up for a down payment and make a combined $150k/year (conservatively, not counting my 2nd job); no kids. Currently we live with parents.
We're looking to buy ou...
Hi,
I am leaning towards using a PM (property management co.) from day one.
Are the tax benefits (deductions) worth enough to the bottom line to offset the costs of service? Do you only realize a benefit when you g...
Hello,I have a newly-purchased residential rental property, and I'm just now setting up my financial tracking for it.What's the correct number to use as the original cost basis, for depreciation purposes? I'll be spli...
I am a new landlord renting out my first rental property. Does the IRS consider rental income as regular income and tax accordingly (30%)? Are there any special tax breaks or deductions?
I "try" investing with the knowledge I get from BiggerPockets. I bought a Vegas townhome cash in the middle of the RE crash during the GFC of 2008-just as you guys taught. The Property increased by 147k . (SIDE N...