Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Aaron Maxwell For tax deed investing.what apps do I need to get organized?
9 April 2024 | 2 replies
What apps should I use for setting up a system to invest in tax deeds?
Justin Wakem New Member Introduction!
11 April 2024 | 23 replies
From Wikipedia, Alabama has the second lowest property taxes behind Hawaii.2.
Tracy Scott Common House Hacking Costs
9 April 2024 | 19 replies
It's advisable to create a detailed budget and consult with a financial advisor to ensure you're well-prepared for the financial responsibilities of house hacking.
Nick Huffman Analyzing Potential Earning for Customers
12 April 2024 | 11 replies
Plug it all into BNBCalc and share it so others can give you feedback- look at the tax savings via the "short-term loophole" at the bottom and learn how that functions as well as it can be a huge aspect of your investment.
Lindsey Johnson Sliver of buildable land in N. Charleston
11 April 2024 | 0 replies
She had no use for it and the taxes were becoming a burden.
Krishna Rana Starting a new journey!
10 April 2024 | 14 replies
Consult with experts, such as real estate agents, financial advisors, lawyers, and tax professionals, to help you navigate the investment process and meet all legal and financial obligations.Good luck!
Nikesh Patel Starting out, spouse with high income/safety net
13 April 2024 | 19 replies
I think the tax benefits combined with building equity is the goal, cash flow is not a major issue thankfully with our household w2 income.
Jubal Noel Hi I’m new here! Here to meet investors and learn
11 April 2024 | 13 replies
Since you requested any book recommendations, I wanted to point you towards Tax Free Wealth by Tom Wheelwright. 
Kiran Dhillon In 1031 exchange can you buy a replacement property with a partner
11 April 2024 | 7 replies
Definitely discuss w your tax advisor too.  
Nathan H. Question about Carryover Basis
11 April 2024 | 2 replies
., 17.5 years remaining for residential property).New Schedule: Simultaneously, start a new depreciation schedule for the additional cost basis attributed to the replacement property, following standard timeframes (27.5 years for residential, 39 years for commercial).Option 2: Treat as New AssetCombined Basis: Treat the entire cost basis of the replacement property (carried-over basis + additional funds invested) as if it were a newly acquired asset.Single Schedule: Depreciate the total cost basis over the standard timeframe for the replacement property type (27.5 years for residential or 39 years for commercial).If you choose option #2, you need to file an additional form (4652) with your tax return.