
4 February 2025 | 4 replies
When I look at the equity and the 15% Capital gains tax bracket I would likely be in, I would avoid ~$24,000 in taxes if sold before Aug. 2025.- I am aware of my 1031 options should I want to sell and defer taxes beyond that 3-year date (and would need to continue to do so until death if I wanted to avoid those taxes instead of just defer them). - I believe the current rental situation I have is better than the property warrants.

18 February 2025 | 12 replies
Too risky for us.Regarding additional guest packages, you can easily change your tax situation by offering what the IRS calls "significant services".

6 February 2025 | 12 replies
Meanwhile, your expenses, like debt service, taxes, insurance, and maintenance, continue.These are the requirements necessary to attain and maintain financial independence.

17 January 2025 | 3 replies
Adding the ex to the title could trigger gift tax implications, so keeping it simple is best.

8 February 2025 | 49 replies
Prioritize quality locations.Keep healthy amount of reserves per property, hire a PM, and hire a tax friendly CPA(not planning just prep).

7 February 2025 | 12 replies
So if you buy a 5 bedroom house and rent the spare 4 bedrooms = you can still sell tax-free under the 121 (you just pay back depreciation) If you buy a duplex and rent 1/2 and live in 1/2.

3 March 2025 | 114 replies
Tax impact, cash flow, leveraging, etc.

7 February 2025 | 0 replies
We now live in Arizona and I frequently fly back to the southeast to repair or inspect the properties and already deduct the travel, lodging, and half of the meal expenses from my taxes.

28 February 2025 | 23 replies
Typically the excuses that are given are the same, 1) Property Tax Increases 2) Insurance Premium Increases 3) Adverse local market conditions.

6 February 2025 | 2 replies
Cash flow is definitely the biggest challenge; both in terms of finding properties to buy that cash flow with a loan on them and just company wide given interest rates and labor/material is up and, at least where I'm at in Jackson County, MO, taxes are way up too.