Tanner Flaherty
New to the game
16 February 2024 | 1 reply
Looking forward to the passive income but also to the tax benefits
Account Closed
Do I need a CPA? ANSWER INSIDE
16 February 2024 | 15 replies
It might give you peace of mind as a newer / smaller investor, but in the end you have a problem you want to solve (taxes and being compliant), and if your tax guys owns a duplex will have no impact on his ability to address those issues.
Daniel M.
Cutting Through the NOI Chaos: Let's Set the Record Straight!
16 February 2024 | 2 replies
Similarly, there's a divide on whether taxes should be included or not in determining NOI.This lack of consensus has left me scratching my head.
Ben Pearce
House Hack Accounting Help
16 February 2024 | 6 replies
The total monthly payment will be pretty close to this: P&I - $1,295, Taxes - $420, Insurance - $175, PMI - $220, for a grand total of around $2,100/m.
Angelo Cortez
Claim paintings as furnishings for STR for Schedule C?
16 February 2024 | 6 replies
https://www.biggerpockets.com/forums/530/topics/1056436-clearing-up-confusion-on-tax-treatment-of-short-term-rentals
Matthew Russo
New Motivated Rookie Intro!
18 February 2024 | 20 replies
If you're looking for a landlord friendly state with lower taxes and a market with lots of potential for appreciation, Columbus could be a good fit.Best of luck as you start out!
Jennifer Porterfield
PA tax on Sheriff Sale and Funds for Pmt
14 February 2024 | 7 replies
Obviously 1k is not enough to cover the transfer tax and Sheriff's fees... 2) I thought Sheriff's sales were exempt from transfer tax in PA?
Audrey Blotz
To sell or continue renting…please help!
16 February 2024 | 9 replies
Tax free money is always something to consider and even BETTER than a 1031 exchange which only defers taxes.
Rafal Soltysek
Out of state rentals
16 February 2024 | 22 replies
Nevada is landlord friendly and low property taxes.
Namal Burman
Multi-Family Investment or Buy another rental in San diego!!
15 February 2024 | 18 replies
Any tax benefit for havingnegative cash flow i.e let say you have rentals with +ve cash flow that add the total income and for me i already have w2 so that extra +ve cash flow make me pay more to uncle SAM (which i don't mind as such, Uncle SAM can use that to fix the roads i travel) will -ve cash flow properties will negete the +ve cash flow with a long term goal that at some point the -ve cash flow will become +ve and i pay uncle SAM more to fix the road due to rain. is that your thinking too :)I am not a tax expert but a long time RE investor.