Tim Johnson
Is Real Estate the best way to reduce your taxes?
18 January 2025 | 5 replies
The absolute best way to avoid taxes is not earn income.
Rebecca Gona
New to STR -Excited but scared- need to learn!
17 January 2025 | 8 replies
@Rebecca GonaBigger Pockets is a great place to find a tax accountant that specializes in short-term rentals.
Anderson S.
Stop Overpaying Taxes!
10 January 2025 | 2 replies
5 Tax Mitigation Strategies Every Real Estate Investor Should KnowAs a real estate investor, every dollar you save in taxes is another dollar you can reinvest into growing your portfolio.
Jackie Paugam
Possible Tax Exemptions w Renovation a House
13 January 2025 | 2 replies
Hi All, any input on renovating a house and possible tax exemptions under an LLC?
Account Closed
Wildfires and Their Tax Implications for Affected Residents
9 January 2025 | 0 replies
Beyond immediate safety concerns, the long-term financial implications, including taxes, are a pressing issue for those impacted by the disaster.
Andrew Katz
What year do I count income for?
15 January 2025 | 9 replies
For tax purposes, rental income is generally recognized in the year you receive it, not when it is paid.
Jacob Havlovick
Duplex House Hack
13 January 2025 | 6 replies
@Jacob HavlovickBigger Pockets is a great place to find a real estate tax accountant.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.
Michael Plaks
DEBUNKED: EOY tax planning "tips and loopholes"
23 December 2024 | 12 replies
Your accountant will do it for you at tax time if applicable.Cost segregation.
Muhammad Kashif
Best way to optimize taxes for new construction of investment property (for flip)
16 January 2025 | 2 replies
I don't know the answers on taxes, but New Jersey is the densest state in America.
Natasha Rooney
Fideicomisos VS. Mexican Corporation for STR in Mexico
16 January 2025 | 2 replies
In doing so, bear in mind that the cost and admin of a corporation is higher and that the tax treatment is different:1.