Is it worth it? It is always one of those questions that's in the eye of the beholder. Most people start out with a dedicated real estate investment, because if you just buy total stock market, you're owning some real estate. Josh: Is there any way to recoup some of this money through losses deducted from taxes; would this qualify as an ordinary loss or a capital loss? Jim: I don't think this qualifies as a capital loss. If you had been planning to rent out this printer van, maybe you could count it as that, but it's not really an ordinary loss in that respect.
Today we are answering more of your real estate questions. We discuss if it is a good idea to have your rental properties in an LLC, if you can claim a loss on US taxes for an international property, and where to store your money that you want to direct towards syndications. Our guest today is Michael Episcope from Origin Investments. He tells us about what funds are available currently, what new changes are happening at Origin and helps answer a listeners question about passive real estate versus REITs.
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The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!
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