Tamas Z.
How to determine cost basis (for depreciation)
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...
James W.
Is rental income taxed the same as regular income?
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?
Eliza Alexa
Cashing out in this seller's market...what to do with the Ca$h?
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...
Derek Falconer
Cleveland, Ohio Vacancy Rate
Hello all, I am a real estate investor from Southern California. I am looking into investing in some other markets where cashflow is better and a good friend of mine mentioned the Cleveland area. Specifically, he m...
Alfred Litton
Cash Out Refi Consequences
I would appreciate some sage advice. I own a few SFHs outright and also have some personal debt I incurred to purchase another SFH. (A Lightstream loan.) If I were to do a cash-out refi on one of the properties I ow...
Matthew Dawson
Rental Property San Diego
Good evening BP!,Just wanted to pose a question to anyone. I am very new to real estate and have done a lot of reading and research but no real experience. My wife and I are moving from San Diego to overseas. We are d...
Julio Gonzalez
Important Tax Update on Inflation Reduction Act and Real Estate!
Attention all Accountants and real estate investors!
The Inflation Reduction Act (IRA) of 2022 was signed into law on August 16, 2022 by President Biden.
It’s a $737 billion investment that according to two of the ...
Pascual Luevano
Tax Questions
Posted under the wrong topic earlier today, sorry for those who have seen this.....Pasted a copy: Hi there I recently came up on this website after trying to find answers to my biggest question, should I rent my hous...
Namal Burman
when does 1031 exchange make sense?
Couple of question i have regarding 1031 exchange? Hope someone expert in Real Estate can guide me1)Who act like qualified intermediary? is it a real estate agent or escrow company?2)What is the cost for qualified int...
Dave Woolley
What to do with primary residence
Hello BP Community,First post from a hopefully soon to be real estate investor. Firstly, thanks so much to BP for providing this amazingly informative and collaborative platform for real estate investing… what an awe...