Cameron Goodall
Advice on My Approach is Appreciated!
6 March 2024 | 6 replies
It is important to remember that if you buy a single family home that you will live in for a while, consider living in it for 2 years before you sell because the IRS will allow you to exclude up to $250,000 of capital gain on your property from being taxed ($500,000 for married couples).
Tanner Bundy
CPA Recommendations in Nebraska
7 March 2024 | 5 replies
@Tanner Bundy Welcome to the forum, most the tax pros on this site work remotely and specialize in real estate investment.
Mathew Mathew
CPA Recommendation Needed in Louisiana (Lafayette or Baton Rouge Preferably)?
7 March 2024 | 6 replies
Can somebody please point me to investor friendly tax preparer or CPA in Louisiana (Lafayette or Baton Rough) for service.
Tiffani T.
Anyone know of a RE CPA in WA?
7 March 2024 | 10 replies
You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a tax strategist who is willing to work with you throughout the year, not just when preparing your tax return.
Kalen Adamson
moving capital from stocks/ETFs or shares into real-estate
7 March 2024 | 7 replies
Would I be taxed on that money if I sold the shares and put it into real estate that same year?
Chris Terborg
Hello Everyone New to BiggerPockets!!!!
8 March 2024 | 10 replies
Make sure to factor in all expenses such as property taxes, insurance, repairs, maintenance, repairs and potential rents. 2.
Alex Yakubovich
STR and 1031 Exchange
7 March 2024 | 9 replies
Your depreciation doesn’t reset until you die or pay 25% depreciation recapture tax.
Thomas Waymouth
Navigating DTI & Turning our Current House into an STR
6 March 2024 | 8 replies
Is it possible to get a lease on your existing property prior to leaving?
Nolan Mahoney
DTI is too high after buying a house?
8 March 2024 | 9 replies
the dti will include all of your monthly debt obligations on your credit report as well as the mortgage payment you're taking on along with property taxes and insurance
Nick Giarratano
Cash out ReFi options?
8 March 2024 | 13 replies
I won’t be looking to re fi those anytime soon because my interest rates are so low with them but when I do my current lender has said they will be limiting how much they will lend based on the properties tax returns.