
18 October 2024 | 3 replies
Correcting this should adjust the profit at sale.Additionally, your property taxes seem quite low.

13 October 2024 | 7 replies
If you haven't fully separated the units and started renting one out by January 1, 2025, the property won't yet be considered "in service" for tax purposes.

17 October 2024 | 3 replies
If so, what is the process like a condo association from multi tax lots to a single tax lot.

14 October 2024 | 24 replies
Google "IRS tax rates" for your filing status.

17 October 2024 | 5 replies
I'm hoping some 1031 exchange experts might know if it's possible to defer capital gains in this situation: I want to sell several properties owned by a 3 member (all family) LLC (LLC-A) and sell one property owned by another LLC with different but overlapping membership (LLC-B).Buy a much larger property that would be partially owned by LLC-A and partially owned by LLC-BThe new property is one tax parcel with two addresses.

18 October 2024 | 1 reply
Deferring taxes and upgrading your life!

17 October 2024 | 2 replies
Is it as simple as signing paper work to transfer it or does she have to legally sell it to my LLC and if so what would we be looking at as far as being taxed on it?
17 October 2024 | 15 replies
With that said they are quoting me $250/hour to consult in tax planning services in addition to the tax preparation fees.

18 October 2024 | 3 replies
There are over 20 active CPAs here in Biggerpockets assisting RE investors with their tax planning.

19 October 2024 | 8 replies
Demand for housing in Bali exceeds availability, and favorable construction costs, salaries, regulations, and taxes make Bali an attractive destination for real estate investors.As @Benjamin Werner mentioned owning property in Bali works a bit differently than you probably would expect.