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My husband I are looking to invest in our first single family home. We were told that when looking for a property we need to make sure the taxable value on the property needs to be low in order for it to be a good dea...
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Hello I’m refinancing a San Diego property and paying off a loan on aHawaii property and my question is the cash out taxable since it’s a loan?Thank youTommy
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In selling your first (and only) primary residence, I understand there is no capital gains tax incurred. But my question is will the income from the purchase be taxed as regular income?
If I make 60k a year and sell ...
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I'd like a sanity check on my math. Am I estimating the taxable amount correctly? I'm in Germany where we can depreciate property 2% per year. This is a bit disappointing because the taxes will eat up most of the prof...
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I have a friend that recently received an insurance settlement that far exceeds the cost to repair the damage from a small fire at one of their rental properties. They made the repairs and now are left with a hefty wi...
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Hello everyone,Interested to see what are some good ways to increase deductions in order to reduce taxable income. I am already acquiring one more property, but looking to see if anyone has some creative ideas out there.
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So have this book coming in the mail today,The Book on Tax Strategies for the Savvy Real Estate InvestorHowever, I was hoping that besides tax strategies, that someone could say in plain words how they would explain h...
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are property management services taxable (in GA) (for a single-family condo)?
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Hello BP Nation,Today the Treasury issued authoritative guidance via Revenue Ruling 2019-11 on the taxability of state and local tax refunds from which a deduction may have been limited due to the $10,000 state and lo...
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Hi Everyone,A few months back, I closed on a 2-unit in West Village and this week I got the notice from the Board of Assessors in regards to the new taxable value on the property. I was expecting an increase, but I w...