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27 January 2025 | 6 replies
Consult your local CPA to calculate accurately and minimize your tax liability.
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6 February 2025 | 6 replies
Instead, it could impact your cost basis in the property, which would affect depreciation and future tax calculations.
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29 January 2025 | 9 replies
What paperwork should I keep a paper trail of to make things like taxes and other situations better/easier for myself?
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29 January 2025 | 2 replies
However, this means you’ll need to comply with the annual filing, franchise tax, and reporting requirements in both states.
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29 January 2025 | 8 replies
Hi Steve, where did you get your property tax estimate from?
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31 January 2025 | 12 replies
According to our understanding:1) California does not recognize REP status, but we could claim it on our federal taxes, is this correct ?
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6 February 2025 | 7 replies
Over the years, I’ve gained hands-on knowledge in a variety of areas, including tax liens, tax deeds, rental properties, and fix-and-flips.
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6 February 2025 | 41 replies
While you rent the other side of the duplex out.Voila - No tax paid.
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4 February 2025 | 11 replies
Tax StrategyWhile liquidating the brokerage account may trigger capital gains taxes, strategies like staggered withdrawals or tax-loss harvesting can help minimize the impact.
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3 February 2025 | 25 replies
To markets where you’ll gain long term tax free wealth.