David John Forliti
MN resident looking at first REI perhaps in FL, CA, or AZ (among others)
15 March 2024 | 11 replies
At the state level a law was proposed to place additional 15% tax (on top of local occupancy tax) on STRs.
Account Closed
Money gift from family abroad
15 March 2024 | 3 replies
IRS guidelines would require you to seek out a tax professional but i believe you are taxed on gifts above $14k.
Rick L.
Buying outright vs leveraging - Help a new member out!!
16 March 2024 | 8 replies
Complicating this issue is the need to do a 10-31 due to stepped up value/capital gains tax on half of the land.
Harry Brooklyn
Include or exclude Cap rate and DSCR in NOI?
15 March 2024 | 9 replies
Hi,I am budgeting for the basics for my NOI (and taxes, insurance too):1.
Ellie Narie
Debt replacement in a 1031 exchange with two joint owners, but only one on the loan?
15 March 2024 | 2 replies
The requirement to defer all tax is simply to purchase at least as much as your net sale (in your case 50% of the net sale of the entire property).
Matthew Cabrera
NAICS Code for Real Estate Investing & Best Practices
15 March 2024 | 0 replies
What would be the best way to do this for tax purposes, liability, and breaks?
Lucas Moncada
Is it all about the money?
15 March 2024 | 21 replies
Tax BenefitsWhen buying in low cost areas, it can be difficult to achieve FIRE without high volume of units.
Errol Graham
Asset ownership structure and related issues
15 March 2024 | 4 replies
We are currently waiting to see the experience with the Florida LLC, re insurance, tax, beneficial ownership issues before we deed the Virginia properties into the LLC.
Bette Hochberger
Rental Property Tax Deductions: Maximizing Your Returns
13 March 2024 | 0 replies
Rental property owners, did you know you can deduct expenses like mortgage interest, property tax, operating expenses, depreciation, and repairs?
Alexander King
rental restrictions, 30 day minimum. How would this be enforced?
16 March 2024 | 16 replies
And there's the unpaid taxes for operating illegally... i'd give this property a thumbs down.