Steven Catudal
Increase in property taxes
4 January 2025 | 11 replies
NJ has the highest taxes per capita in the country so high taxes are expected especially in Northern NJ.
Kegan Scholl
Best market for first house hack to cash flow? FL, TX, AZ, UT, other?
20 January 2025 | 6 replies
Tampa can work, but yes, taxes and insurance are higher and might keep cash flow tight.
Elizabeth King
Does my property have to be in LLC to benefit from real estate tax advantages?
2 January 2025 | 10 replies
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.
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.
Antonio Tamayo
Tax Lien Certificate
3 January 2025 | 2 replies
I'm wondering if some one can help with an explanation about why a Hotel has many rooms with tax lien on auction?
Willam Mendez
Is There A High Yield Savings Account For A Business ?
16 January 2025 | 1 reply
Hey guys, just wondering if anyone knows of any HYSA that are used for Business or any other Business account that will give me a high Yield? THANKS
Michaela T.
Anyone have any accountant recommendations for someone with a W2 & LLC?
23 January 2025 | 5 replies
Bigger Pockets is a great place to find a tax accountant that specializes in real estate taxation.
Mike Levene
Most efficient source to pull funds from for a down payment?
23 January 2025 | 7 replies
It’s definitely smart to evaluate the tax and cost implications of your funding options.
Kyle Kulhanek
Retitling a property to an LLC - Chicago
23 January 2025 | 7 replies
If so, there are no transfer taxes due.
Chris Mahoo
Long term rental when you are not full time real estate professional
22 January 2025 | 10 replies
Being a real estate professional allows you to treat the income as non-passive, allowing higher high income tax payers to pay less in taxes.