Nick M.
Michigan Sales/lodging tax collection and payment
16 January 2025 | 7 replies
Could VRBO users from Michigan provide some clarity about the topic of sales tax/lodging tax collection and payment to the state.
Henry Clark
LA Fires Taxes and Insurance
14 January 2025 | 1 reply
Anyone answering is not responding as a Tax accountant, Insurance expert or as a Financial advisor.
Adam M.
Cost for a Tax Specialist
13 January 2025 | 7 replies
Whether you need a CPA with just three rentals depends on the complexity of your situation and your comfort level with DIY tax prep.If things are pretty straightforward, you might be fine with tax software for now.
Roque Miranda
Need a CPA and tax expert on long term rental out of state portfolio
29 January 2025 | 2 replies
@Roque MirandaBigger Pockets is a great place to find a tax accountant specializing in real estate taxation.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 specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.
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.
Jake Thorpe
Tax liens - what do you know?
14 January 2025 | 5 replies
Somebody bought that house at Tax Sale.
Nina Penuela
Innovative Strategies for Real Estate Investors
19 January 2025 | 1 reply
These can boost property appeal and command higher rents.- Short-Term Rentals in Non-Traditional Markets: Secondary markets like Florence, Alabama, are ideal for short-term rentals.
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.
Beth Reed
Excited to be here
15 January 2025 | 9 replies
A client of mine in Maryland added smart home features to their rentals and boosted rents by 12% with minimal investment.
AJ Wong
Could Trump shock Short Term Rental markets with Tax Loop Hole for AirBnB Investors?
24 January 2025 | 6 replies
This isn’t/wasn’t a loophole - just tax policy.