Brian Jasinski
Trust Related Tax Question
Question regarding a property held in a irrevocable trust.Home value is $750K, owned outright by the trust - no mortgage.A family member lives in the house, no rent is charged.Meanwhile, the trust is paying for the ma...
Christopher Shutrump
Investing as LP in Real Estate Syndicate using self direct IRA
What happens to the the accelerated depreciation received from real estate syndication owned by IRA as LP? Is this held back and available for use when funds are eventually pulled out of the IRA?
Chris Springer
Reinvesting Wholesale Profit into a QOZ
I am having difficulty finding an answer to this question... If I wholesale a property (true wholesale where I never gain possession, but do get the assignment fee), does the income count as a capital gain that I coul...
Mario Morales
landlord insurance premium tax deductible?
From what I understand, you can deduct the entire premium as it is an expense to run the rental property. With prices going up so much, if this lowers your cashflow too much, I feel like you may not look profitable in...
Jimmy Rojas
What are my options with a experian score of 630 , self employed brining in $4k cash
Hey guys, im located in Phx,az and would like to invest on my first property here, I would like to know what are my options, I am self employed and bring in about $4k a month (mostly cash )no paper work to trace my ea...
Paul C.
Investment Interest or Passive Interest?
If I take out a loan to fund an investment in a notes fund, is the interest paid on the loan "investment interest" that goes on Schedule A or "passive interest" that goes on Schedule E?I found the following in "The CP...
Donny Random
What kind of rental properties do you own?
As a new member I am trying to get a feel of what types of properties members buy and/or manage. The demographic of the property greatly impact the cashflow expectations and the management style. What type of properti...
Tyler Hogan
Suggestions for wealth and tax advisor
Hi there. I am new to real estate investing (just purchased 1st duplex cash with a partner) and am looking for guidance on how I can save the most in taxes and the right path to achieve my investing goals. I heard abo...
Justin Florek
New to BP
I would just like to say a quick hello! I look forward to learning a lot on this website, as well as chipping in some help if I can! I do have one question right off the bat. I am 25 years old, married with a young d...
Eric Bueno
3rd party credit line?
So through fortune builders I was set up with Nevada corporate headquarters. I had a phone meeting with a gentlemen that is setting me up with a business plan and with a credit line for my LLC that will put my busines...