Eli Jerman
Taxes for 2024 - First rental property purchases in August 2024
23 January 2025 | 4 replies
@Eli JermanYes, you should hire a tax professional.
Nick Gallon Martin
Confused about deductibility of interest on tax return
19 January 2025 | 2 replies
Hey @Nick Gallon Martin, I recommend speaking to a Tax Planner/CPA, @Jeff Nash would be a great resource for you.
Rene Hosman
How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
I'm talking about tax season!
Tim Johnson
Is Real Estate the best way to reduce your taxes?
18 January 2025 | 5 replies
The absolute best way to avoid taxes is not earn income.
Edgar Duarte
should I sell NOW to avoid taxes or hold it for appreciation?
22 January 2025 | 4 replies
At a 7% annual return, this could grow to $908K after 10 years, providing immediate liquidity and diversification.Alternatively, holding the property could yield $825K net equity after taxes in 10 years, assuming a $900K sale, with the potential to defer taxes via a 1031 exchange if reinvested into another property.
Joey Chalhoub
Tax Lien Foreclosure and Supreme Court Case
11 January 2025 | 5 replies
Home went to tax sale county kept excess proceeds.
Michael Plaks
Reminder about TurboTax, H&R Block and avoiding tax professionals
15 January 2025 | 3 replies
This is a screenshot from a private Facebook group for tax professionals.
Dallas Smith
Selling 2 properties
21 January 2025 | 4 replies
Your primary residence - if you've lived in it for 2 out of the 5 years prior to selling you'll get the $250K/$500K tax free iike @Clint Galliano said.
Muhammad Kashif
Best way to optimize taxes for new construction of investment property (for flip)
20 January 2025 | 3 replies
I don't know the answers on taxes, but New Jersey is the densest state in America.
Angus Brooks
Tax Implications for Refinancing a Property in an LLC and Distributing Funds
16 January 2025 | 12 replies
It is tax free in the sense that you will not owe taxes today on the cash-out.