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26 January 2025 | 21 replies
The same thing you claim on your tax return for your properties.
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28 January 2025 | 3 replies
Note that I live in the Netherlands, which has many tax laws.thank you
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21 January 2025 | 5 replies
I am looking to purchase real estate for both investment purpose as well as to offset as much tax liability as possible.
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22 January 2025 | 10 replies
So all of the gain and depreciation recapture are initially still tax deferred.However, like Joe said, the down side is later when sold you lose the 1031 option. the client will pay tax on all gain and depreciation recaptured from before the 1031 also.
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29 January 2025 | 24 replies
You'll also need to show stable income for the past two years through W-2s or tax returns.Talk to 3-5 lenders to compare their rates, fees, and terms.
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26 January 2025 | 2 replies
Taxes/Insurance- depends a lot on where you are located.The homes themselves- POH or TOH?
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28 January 2025 | 3 replies
I just started using it and so far the owner info matches up with the county tax info.
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29 January 2025 | 3 replies
I make around $110k+ per year, live off around $75K, have a mortgage ($1900/mo for rent, escrow, tax), around $40K in equity, and no other debt.
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24 February 2025 | 35 replies
The entire teachings had gone from Nickersons conservative but a cash flowing small residential property, hopefully for 10 -15% below market, do immediate repairs, then slowly over time improve the property and raise rents, either refi cash out or trade tax free for a larger property.
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15 January 2025 | 5 replies
Hi! I have a short term rental property. It's a 5th wheel located at a campground. It does not get moved. Will the RV be depreciated at 5 years or 27.5 years? I am unable to find anything giving me a for sure answer. ...