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Re:Real Estate Investment Property (1 viewing) (1) Guests
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TOPIC: Re:Real Estate Investment Property
#6456
MeridianPacificProperties ()
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Real Estate Investment Property 3 Years, 2 Months ago Karma: 0  
Find positive cash flow property at Meridian Pacific Properties. We purchase, renovate, lease and sell positive cash flow, single and multi-family investment property to investors. For more details visit http://www.meridianpacificproperties.com .
 
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#6836
MeridianPacificProperties ()
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Re:Real Estate Investment Property 8 Months ago Karma: 0  
I agree with Bruce's answer. It's important to note that to take the deduction you must itemize on your Federal income tax return.

Along with depreciation, this is one of the biggest tax breaks available to real estate investors. Whether you are an active or passive investor impacts your ability to shelter other income from real estate losses.

Bottom Line: Expenses are expenses. Unfortunately, there are plenty of real estate investors running negative cash flow these days. Happiness is positive cash flow - the best way to buy!


Properties In India
 
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