Collin Hays
Tips for negotiating your real estate deal
5 January 2025 | 10 replies
You can find the most recent sales price for the property on the local tax records website or by doing a quick search on Zillow.
Mike Richards
Deduct from rental income more than one year of Real Estate taxes?
31 December 2024 | 3 replies
We are in a very low tax bracket this year but should be 10% higher in 2025.
Anthony Vaganos
DCSR vs Conventional with transfer tax
24 December 2024 | 6 replies
Fannie/Freddie (Conventional) loans aren't just about rate and transfer taxes.
Divya Pratap
Services Business to offset W2 income tax
28 December 2024 | 1 reply
I am seeking mentors and or guides to help me invest in business that can eventually help offset W2 income tax.
Eli Fazzo
Real estate investing in South Carolina: Worth it at 6% property tax?
26 December 2024 | 31 replies
Certainly more areas with lower property taxes.
Elizabeth King
Does my property have to be in LLC to benefit from real estate tax advantages?
2 January 2025 | 10 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
Shaheen Ahmed
Property taxes on rentals
18 December 2024 | 15 replies
Many banks handling tax escrow accounts for mortgages have mistakenly thought there was one tax due twice/year or totally missed one of the taxes.Investors should research the SEV and the Non-Homestead property tax millage rates to project what the property taxes will be after adjustment.
Tj Collins
Do 1031 Exchange regulations vary by state, or is it federal legislation?
16 December 2024 | 6 replies
I know California is still famous for clawing back the taxes owed eventually on a 1031, I don’t know if they are the only state that does it.
Margaret Lewis
Tax Deeds in Texas
17 December 2024 | 5 replies
My last Tax Deeded Property returned 233% ROI.
Angelo Llamas
Tax breaks for a rental breaking even
19 December 2024 | 12 replies
Taxable income is not cash flow.There are a myriad possibilities for taxes.