If you live in the home for 2 out of the past 5 years and move out of state you may be exempt from the tax.  

You’ll pay more for tax prep, more for record keeping, more for financing but what will you get?

I don't know the answers on taxes, but New Jersey is the densest state in America.

Renting at FMV allows you to deduct mortgage interest, property taxes, repairs, HOA fees, and depreciation against your W-2 income, potentially reducing your overall tax liability.

You may be able to deduct mortgage interest and property taxes before the property is in service. 

I'm talking about tax season! 

This is a screenshot from a private Facebook group for tax professionals.

Hi all, we need some help on tax strategies for a 5-door rental portfolio in Montgomery Alabama, this is a long-distance investment, we leave in Miami but invest in AL. for now, we are planning on a rapid grow on the Montgomery Market, we have partner up with new investors and we are in need to set new entities and the best tax strategy to set up the upcoming investments but also i will need help with the investments on 2024.Please reach out for a consultation and hopefully a long-lasting relationship.It will help if you are located in Miami and can handle Alabama, so que can have a one-on-one meeting.Thank you ALL and have a blessed day!!!   

Tax credit 45L for a 90 unit or 112 unit project? 

If you haven't yet found a CPA or tax professional to help you save on your tax bill each year, would you want BP to help recommend a tax professional for you?