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Results (10,000+)
Andres Murillo Hi BP Community!
12 October 2024 | 1 reply
ROI and financial gain are truly the best catalysts for solving big problems like housing affordability and availability.
David A. Are we biting off more than we can chew for out first BRRRR? Any tips?
16 October 2024 | 10 replies
BRRRR:Flip: Yields a potential profit of $55-60k after capital gains, assuming rehab stays within budget.
Kegan Brenner What does diversification look like to you!?
14 October 2024 | 37 replies
Many syndications provide tax benefits such as depreciation, which can offset income, and some offer favorable capital gains tax treatment when you sell.Municipal bonds are another tax-efficient way to diversify, as the interest earned is generally tax-free at the federal level, and sometimes state level too, depending on where you live.
Account Closed 15 Undeniable Reasons It's Time to Sell Your Investment Property
10 October 2024 | 0 replies
Avoid Capital Gains Tax LiabilitySelling your rental property to buy a more attractive one can help you defer capital gain taxes.
Lisa R. Capital gains tax
4 October 2024 | 5 replies
Is there really no capital gains tax on the sale of real estate in Washington state??
Carrin Johnson Bill Summary: AB 1771 The California Housing Speculation Act: Impact on Fix and Flip
11 October 2024 | 2 replies
Assembly Bill 1771, also known as the California Housing Speculation Act, aims to change real estate tax policy to discourage investors from quickly reselling properties like single-family homes.Under the proposed bill, an additional 25% tax would be imposed on the gain from the sale of a qualified asset (including homes) within three years of the previous sale.The tax reduction is dependent on the number of years passed since the initial purchase of the qualified asset, ranging from a 20% reduction for sales occurring between 3.01 to 4 years to a 100% reduction for sales occurring more than seven years after the initial purchase.The revenues generated by this tax increase would be deposited into the Speculation Recapture Community Reinvestment Fund, which aims to support affordable housing, local governments, schools, and infrastructure projects.The bill is introduced by Assembly Member Ward, and the proposed tax changes would take effect from January 1, 2023.Assembly Member Ward argues that short-term investors in the market, including fix and flip investors, contribute to rising housing prices, limiting opportunities for Californians to purchase homes.While the bill may discourage short-term speculative transactions, it is worth noting that California's tax laws still provide certain advantages for investors, including unlimited tax write-offs and depreciation benefits.The bill is subject to legislative approval, and Assembly Member Ward will speak publicly about the bill at the San Diego County Administration Center on a specified date.Please note that this is a simplified summary of the bill and its potential impact on fix and flip investors.
Brian J Allen Mortgage Payments Are Outstripping Income Gains
8 October 2024 | 2 replies

A recent statistic from Banker & Tradesman caught my attention, highlighting a growing concern in the housing market. According to Zoocasa, the annual median income in Greater Boston has increased by 22.4 percent ...

Julio Gonzalez Ready to Exit Your Rentals? Consider a 721 Exchange
10 October 2024 | 2 replies
If you are wanting to sell your real estate property, but are worried about paying taxes on the capital gains, a great strategy to consider is a 721 Exchange.
Scott MacComb Buy and hold in Peoria, AZ
11 October 2024 | 1 reply
Whether it's leveraging a 1031 exchange to defer capital gains taxes or exploring new investment opportunities in areas like Austin or the Phoenix area, there are plenty of options out there.If you're considering your next steps, I'd be happy to share some insights from what I've seen in these markets.
Brian Carmichael Sell all real estate in IRA account
10 October 2024 | 5 replies
A traditional IRA pays taxes when you withdraw month at your normal income tax rate which is generally higher than the normal capital gains rate.