Horacio Gutierrez
Capital gains taxes on sell property
29 March 2024 | 8 replies
How does capital gains lower you ordinary tax bracket, also in seller finance is the interest tax a ordinary tax or still capital gains tax?
Danay Ramirez
Foreign individual direct ownership
29 March 2024 | 1 reply
Income tax: A foreign investor receiving rental income from U.S. real property must pay income tax.
Mason Vitalis
Capital Gains in Minnesota
22 March 2024 | 5 replies
(This is called a 1031 exchange and you must set it up BEFORE the sale occurs and you must never have access to the money.)Lastly, if you hold an investment property (not a flip) for over a year it becomes a capital gains tax instead of a regular income tax. (As
Carlos Bernardez
Investing in Brazil
19 March 2024 | 18 replies
I own a couple of rentals, one in Belo Horizonte and another in São Paulo.
J Scott
J Scott - Author of Flipping/Estimating Book - Ask Me Anything!
19 March 2024 | 323 replies
@Paul Strauss Thanks Paul, so that would be 20k plus tax as an estimate that is a fine starting point for evaluating quotes.
Tiffany Tan
Help with owner-occupied duplex tax filing
12 March 2024 | 7 replies
Here's what I've been doing: I'm allocating 100% of the mortgage interest and half of the property tax as deductible.
Chris Dawson
Kansas City Missouri Zip Codes
15 March 2024 | 167 replies
Do you know how to calculate property tax as investment property in Kansas City, MO?
Margaret Feit
Is Mortgage Interest Income in Partnership Subject to Self-Employment Tax?
12 March 2024 | 0 replies
Or since it is a long-term investment and not the primary source of partnership income, could it be considered interest income that would not be subject to SE Tax (as if I had received a 1099-INT)?
Justin Brin
What other kind of income can I deduct with Rental Real Estate losses?
11 March 2024 | 25 replies
the way the multimillionaire do it is to delay and defer tax as much as possible, so after the accumulate so many loss then when you sell one for profit for example from flip/rent strategy, you could use it to offset the gain
Devang Patel
Is this the time to be selling your rentals
7 March 2024 | 38 replies
I mentally prepared to pay longterm capital gains tax - as it would hard to find a good deal soon.my hope is yo buy a bigger property after the market corrects .I have more properties, not thinking about to sell as they are providing great cash flow .