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29 February 2024 | 9 replies
Can I use that on my taxes?
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29 February 2024 | 6 replies
I would love to hear from those out there who self filed their taxes for their new REI LLCs in the first year without any investment properties/deals yet.
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3 March 2024 | 22 replies
Tax benefits (depreciation and expenses) - this gives you more money near term by reducing taxes.Of the 4 I listed, 2 are money now, 2 are money later.
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2 March 2024 | 8 replies
Do I still have time to start an exchange with a qualified intermediary or am I better off just paying the taxes?
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29 February 2024 | 6 replies
Understanding and taking advantage of the variety of tax credits boosts the return on your property and allows you to be part of the move to conserve our nation’s historic treasures.When rehabilitating or investing in the rehabilitation of an eligible historic or non-historic building, you may be able to take advantage of one or both of the historic tax credits: 1) Historic Tax Incentives and 2) Historic Preservation Tax CreditsYou can receive a federal income tax credit equal to 20% of the costs associated with rehabilitating the building.
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29 February 2024 | 1 reply
I am certain that there are many opportunities to consider on tax and business structure before buying so curious what some experiences have been.
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2 March 2024 | 1 reply
Asset class conversion creates an opportunity for Massive value-add, creating enough value for a cashout refi, allowing for millions to be taken out without a sale, which means no Capital Gain, which means no taxes.
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29 February 2024 | 2 replies
Need help on how to obtain records from 2020 showing his old tax lien was released.
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2 March 2024 | 8 replies
You will have to pay up the property taxes.