Micah Cook
Going from SFH to MF commercial real estate
1 February 2025 | 5 replies
This allows you to use all of the tax and deferred depreciation recapture to purchase the larger MF propertyA consolidation exchange is where you sell multiple investment properties to purchase a larger and nicer investment property, but you also get the benefit of using all of the tax you would have had to pay to your advantage.
Kevin Brown
Best Accounting Software
29 January 2025 | 7 replies
I find that it's almost a one stop shop in that I can use it for my business checking and savings accounts, bookkeeping, for rent collection, I can issue virtual credit card, I can create all the financial reports I need to run my real estate business and prepare for tax filing and through their partners I can vet my tenants, develop state-specific leases and more.
Nicholas Woo
what are your thoughts using Anderson advisors?
21 January 2025 | 31 replies
I'm in the market for entity config and tax planning/prep.
Kyle Kulhanek
Retitling a property to an LLC - Chicago
23 January 2025 | 7 replies
If so, there are no transfer taxes due.
Christopher Smith
UPREIT any personal experience?
22 January 2025 | 10 replies
So all of the gain and depreciation recapture are initially still tax deferred.However, like Joe said, the down side is later when sold you lose the 1031 option. the client will pay tax on all gain and depreciation recaptured from before the 1031 also.
Ryan S.
My first STR in Aspen, CO
24 January 2025 | 13 replies
Taxes 10k HOA is 9k The current owner never did short-term rentals.
Naveen kumar Vadlamudi
Moving out - Primary home Rent vs Sell ?
29 January 2025 | 1 reply
You have the ability to sell while limiting your capital gains tax because you lived in 2 of the last 5 years.
Mike Levene
Most efficient source to pull funds from for a down payment?
23 January 2025 | 7 replies
It’s definitely smart to evaluate the tax and cost implications of your funding options.
Jake Rauch
What tools to use for researching markets
26 January 2025 | 2 replies
Where to get the most recent and accurate data for things like:Unemployment dataPopulation growthJob diversity and top employers in the areaVacancy rates (eg huduser.org)Property taxes and jnsurance costsI saw bp pro and reventure and a bunch of other websites provide some of this data, but i wonder how accurate and recent it is.
Mike Richards
Deduct from rental income more than one year of Real Estate taxes?
31 December 2024 | 3 replies
We are in a very low tax bracket this year but should be 10% higher in 2025.