Don DeMarco
Property Tax for Second home near Hilton Head
17 December 2024 | 2 replies
Any way around paying the very high property tax, school tax etc. in SC?
Abe Linc
Rental mortgage in retirement
18 January 2025 | 3 replies
Be sure to hold a hefty reserve to handle on-going maintenance, capex, taxes, and insurance.
Richard Benjamin Wilhite
How to Find "Cost" Basis for Inherited Land prior to 1031 Exchange?
19 January 2025 | 9 replies
It would/could be only 15% capital gains tax and yes you could/would deduct all selling costs including commissions and transfer taxes.
Javier Molina
Mildly complex structuring for multiple properties. (LLC, Trusts, Multi-state)
12 December 2024 | 12 replies
If you are "doing business" in CA, the LLC should register in CA as either a resident LLC or a foreign LLC.
Annie Anson
How to meet material participation hours for out of state investors
17 January 2025 | 21 replies
It is your first year when you get the major tax savings windfall due to cost segregation and bonus depreciation.
Mike Levene
Most efficient source to pull funds from for a down payment?
16 January 2025 | 5 replies
It’s definitely smart to evaluate the tax and cost implications of your funding options.
Zhong Zhang
a multifamily investment case analysis
19 January 2025 | 6 replies
I mainly want to ask if these assumptions are reasonable and if there's anything I haven't considered:(1) multifamily units in NJ close to New York City, ~$1,000,000, 20% down payment, (2) Using the following assumptions: 4% appreciation rate, 6.5% interest rate and 5.0% refinance after 5 years, $10,000 yearly maintenance fee(3) ~$6,000 monthly rental and assume 3% increase yearly with 5% vacancy rate(4) Based on the above, the calculated IRR if selling at the 10th year is ~19% (considering tax benefits) and ~17% (without tax benefits).
Henry Clark
Self Storage- Just Built, To Sell or Not
16 January 2025 | 6 replies
Don’t want to pay taxes on the capital gain.
Ricardo Garcia
Truebooks CPA - Feedback
9 January 2025 | 46 replies
Tax Preparation, Tax Advisory, Accounting.
Sarp Ka
Cheapest way to make a cash offer???
20 January 2025 | 4 replies
This could allow you to use the full amount for purchasing real estate without needing to sell your stocks outright and incurring significant tax implications.