
17 November 2024 | 1 reply
Selling an investment property can result in significant capital gains taxes.
19 November 2024 | 6 replies
https://www.biggerpockets.com/forums/51-tax-legal-issues-con...

28 November 2024 | 8 replies
In any case, it's generally more affordable than NJ especially when it comes to property tax so I don't think you're off-base looking in that area.

28 November 2024 | 5 replies
Hi Saju,Well it is an exciting market with lots of future developments happening, all aligned with the popular Dubai 2040 vision.As for how the market is for US investors, there is no local tax on capital gains, or tax on rental income.

21 November 2024 | 4 replies
The beauty of Roth investing is the income tax-free nature of the returns.

2 December 2024 | 34 replies
And or just walk away and leaving yet another dilapidated house in the hood. they need to pay prop taxs and utls etc..

27 November 2024 | 3 replies
I’ll provide an overview of the situation and my thoughts/attempts on how to structure the deal.Owner: He is in his 70s, payed off asset, appreciates the return profile of his property but is no longer interested in the management and hassle aspects.Details: Before I even asked, he mentioned that he isn’t sure where he stands in terms of depreciation and is somewhat concerned about the tax implications of selling.My initial approach to discussing creative financing: Me: "Have you heard of or would you consider seller financing?

27 November 2024 | 4 replies
These include the actual cash flow (NOI), Your net cash coming in after expenses and allowancesDepreciation - the tax benefit that lowers your taxes.

29 November 2024 | 7 replies
This would be ideal in terms of cash flow (after a few years) and equity appreciation since you'd be achieving tremendous returns on limited equity in the form of appreciation, principal paydown and tax benefits aside from only cash flow.

3 December 2024 | 15 replies
The 70% LTV and 3% origination cost you mentioned are typical, but they can definitely vary depending on the lender and the specific deal.Regarding the LLC or Trust, you're right, it's a good idea to explore those options for asset protection and potential tax benefits.