
22 November 2024 | 12 replies
I was told by my tax person that I can only deduct a percentage and not the total cost of the remodel.Thank you

28 November 2024 | 1 reply
Land doesn’t depreciate, and while buildings require maintenance, they usually gain value as markets grow, demand increases, and inflation takes its toll.Real estate investors benefit from a significant tax write-off based on the concept that properties lose value over time, even as their market value skyrockets.

28 November 2024 | 9 replies
Would a DST work to defer taxes on ordinary income from say flipping properties and using the trust to invest in more properties?

2 December 2024 | 2 replies
., are there specific financial or tax considerations I need to be aware of when investing in US properties (or distressed properties in particular)?

30 November 2024 | 2 replies
., missing property taxes or HOA fees), unreliable rent estimates, and the time-consuming process of manually calculating metrics like cash flow or ROI.Platform Preference: A web-based platform would work well for in-depth analysis, but a mobile app would be crucial for on-the-go research and quick evaluations, especially when touring properties.Wish-List Features: A tool that integrates local market data (rental demand, appreciation rates, or vacancy rates) and offers scenario modeling (e.g., "What happens if I increase rents by 10%?")

28 November 2024 | 4 replies
@Isadore NelsonAre you responsible for any transfer taxes upon sale?

6 December 2024 | 21 replies
I asked one of these coaches who said her rental income is $140,000 a year if that is the gross rental income or net rental income (after mortgage payments, property taxes, insurance, repairs, vacancies, capital expenses).

14 December 2024 | 101 replies
As far as the land trust we needed to see attorneys and preferably the attorneys Legacy contracts with to teach asset and taxes (Anderson Advisors who would give you a free consultation which they offer on their website).

29 November 2024 | 1 reply
I'd consider myself an advanced, tax-savvy, solo investor with quite a bit of experience.

21 November 2024 | 2 replies
You should know how you can contest your assessed value, especially if you are buying the property for below current assessment.You should understand if there are any tax abatements available today or in the future.There are real estate tax consultants in basically all major markets, or your real estate agent can likely help with some basic questions, as well.