
17 November 2024 | 5 replies
Yeah they will spend thousands of dollars to fight $1000 claim.

19 November 2024 | 3 replies
@Jake Hughes A 1031 exchange is a great way to indefinitely defer all of the capital gains taxes, and gain access to that tax to use over time for your own benefit.

19 November 2024 | 9 replies
No transfer tax should be involved (see Garn/StGermain) as opposed to an LLC transfer.

18 November 2024 | 14 replies
@Scott McGadden ... https://www.kiplinger.com/taxes/what-the-texas-property-tax-...

13 November 2024 | 8 replies
You can offset the passive losses from one rental against the positive income from another rental.Therefore, you will likely have a net $3,000 loss across all the three rentals which you would carry forward.If your depreciation was more than $3,000, you basically made cash-flow or rental income that was not taxed, which is good.Best of luck

19 November 2024 | 2 replies
Additionally, there is specialized equipment including diagnostic machines and hydraulic lifts.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

19 November 2024 | 6 replies
@Rud SevIt's really your CPA's job to walk you through your tax return.

18 November 2024 | 8 replies
Can I move from DST to DST w/o paying taxes?

25 November 2024 | 23 replies
For a standard 3/2 with 1,200 sqft we usually spend 50-80k on a full rehab, 10-15k holding cost, 15-20% profit before tax, 7% cost of sale.

15 November 2024 | 8 replies
But claim they live 2 hours away and won't be present to show it.If we want to move forward, then he will quit claim deed it over at the courthouse.