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Results (10,000+)
Tim Hem Capital Gains and IRS Publication 523
9 January 2025 | 9 replies
Does renting the home while deployed void the eligibility for exclusion of gain, even when the home was lived in/primary residence for 2 of the last 7?  
Daniel Madhavapallil House Hacking and Tax Strategies
23 January 2025 | 11 replies
Keep track of 3 buckets.1) Owner occupied portion - potential deductions for schedule A2) Tenant occupied portion - potential deductions for schedule E3) Jointly occupied portion - likely prorated for both schedules.There are nuances to this, so I recommend looking for a tax pro who can coach you on this. 
Noah Bacon BiggerPockets Pro Partner Update - Stessa!
15 January 2025 | 49 replies
Thanks.Hi Courtney,BiggerPockets Pro members get access to all Stessa core (free tier) functionality – plus unlock exclusive access to advanced features, like unlimited portfolios and Schedule of Real Estate Owned (SREO), all at no additional cost.BiggerPockets Pro members have free access to all Stessa’s featured benefits as well as advanced features, like unlimited portfolios and Schedule of Real Estate Owned (SREO) – giving Pro members exclusive value not offered to Stessa Free members.Simplify tax time and help maximize deductions Organize financial data and accountingEasily track key property metrics to optimize and boost ROI. 
Christopher R. Homeowners Insurance/Landlord insurance/Umbrella insurance
23 January 2025 | 15 replies
Deductible: This is not a coverage but rather your portion of a claim.
Jamie Parker Multifamily Analysis out of state.
6 January 2025 | 8 replies
LIHTC eligible, opportunity zone, STR eligible, property management in the area….Pretty decent list. didn't know where to start so I figured I would ask the more seasoned of the bunch.
Chris Blackburn Tax credit 45L for a 90 unit or 112 unit project? What should it cost?
22 January 2025 | 1 reply
Key Details of the 45L Tax Credit:The credit offers up to $2,000 per eligible unit for builders and developers of residential homes that meet specific energy efficiency criteria.To qualify, the units need to meet or exceed certain energy performance levels in comparison to the national model energy code (e.g., the 2006 or 2009 IECC — International Energy Conservation Code).Cost Considerations for a 90-unit or 112-unit Project:The actual cost of qualifying for the 45L tax credit depends on various factors, including:Energy Efficiency Compliance: The primary cost will come from ensuring that each unit meets the required energy efficiency standards, which typically involve energy modeling, certification from third-party energy raters, and potentially upgrading insulation, HVAC systems, windows, and other components of the building to meet the necessary performance levels.Energy Modeling: Typically, you'll need to pay for an energy consultant or engineer to model the building's energy performance and ensure it qualifies for the credit.
Lacey A. Rent to Myself
20 January 2025 | 5 replies
Repairs made while the property is your primary residence are not deductible, but improvements can increase your cost basis, reducing future capital gains tax when you sell.
AJ Wong What STR investors should expect on the Oregon Coast in 2025 and beyond
22 January 2025 | 2 replies
We cover a large geographical area (nearly 400 miles) because there are usually only a few STR eligible properties for sale in any given city.  
Jamie Parker First deal after a 5.5 year break
6 January 2025 | 0 replies
I informed the seller that because of the overlay, the property may be 2 build eligible in-spite its small lot size.
Bruce M. Large RV or Boat - Tax incentives, Tax strategies
13 January 2025 | 7 replies
Solar has an energy credit and Starlink is deductible as business expense.