Tyler Speelman
Exploring Creative Solutions for Down Payment and Tax Avoidance
12 January 2025 | 13 replies
@Tyler Speelman, A 1031 exchange solves the tax issue.
Michael Plaks
Reminder about TurboTax, H&R Block and avoiding tax professionals
14 January 2025 | 1 reply
This is a screenshot from a private Facebook group for tax professionals.
Chris Shon
Do I need a Real Estate Tax Accountant?
10 January 2025 | 16 replies
And @Michael Plaks is correct that setting up in GA didn't avoid the CA LLC fee.
Bob Asad
Has Anyone Done Tax Deed Auctions in FL?
11 January 2025 | 6 replies
Maybe that is why the old owner didn't pay their taxes?
Travis Smith
Using real estate for tax purposes only
1 January 2025 | 5 replies
Quote from @Travis Smith: Age 56 and retiring from farming and I’ve been very good at avoiding income taxes with depreciation and business expenses.
Anderson S.
Stop Overpaying Taxes!
10 January 2025 | 2 replies
5 Tax Mitigation Strategies Every Real Estate Investor Should KnowAs a real estate investor, every dollar you save in taxes is another dollar you can reinvest into growing your portfolio.
Don Konipol
How to Avoid LARGE Loses in Passive Investing
30 December 2024 | 22 replies
How to avoid large loses in passive investments?
Katie Miller
If you use a CPA or Tax Professional, how did you find him or her?
13 January 2025 | 114 replies
If you haven't yet found a CPA or tax professional to help you save on your tax bill each year, would you want BP to help recommend a tax professional for you?
Bruce M.
Large RV or Boat - Tax incentives, Tax strategies
13 January 2025 | 7 replies
Looking for various tax strategies to reduce the reality that a large RV or boat is a grossly depreciating assetI would not have a loan, so claiming it as a primary or secondary residence and claiming the mortgage deduction is not applicable.I sold my primary residence and I have several rental properties which I use as I'm fixing them up.What I'm pondering is living aboard and working aboard developing a new product, while traveling.
Troy Smith
CPA tax advice.
9 January 2025 | 11 replies
You may be able to deduct mortgage interest and property taxes before the property is in service.