Olga Daisel
Renting and then building on the same lot, tax questions
I have a rental that I'd like to demolish and then build a new house for sale. Can I use 1013 exchange when I see it or not?
Account Closed
Best entity / tax strategy for building and selling real estate
Hello All,i'm about to close 2 parcels i plan to build in the 2 - 3 next years.I would build as GC / owner builder. Project budget will be about $2,000,000 What do you guys would recommend as tax vehicle for this inv...
Maria Zielinski
Buying partner's share of apartment building & limit income tax
I own a multi-unit apartment building with my parents and they are looking to sell their share. I purchased their partner's share about 15 years ago. They have owned it almost 30 years and their accountant is recommen...
John Roorda
Small office building at the tax sale - over my head?
Me: Newbie - bought 5 single-family tax liens at the last tax sale, still waiting for the redemption period to time-out and get the deeds. A few grand in capital to play with at the next tax auction.Target: A 4-uni...
Kimberly Stanford
Deceased owner, condemned building, unpaid taxes - how do I buy??
Hi Bigger Pockets! This is my first post 😊. Property is in Ohio with no mortgage. Other properties owned by deceased have been foreclosed by mortgage companies, and noted “no known heir” in the court documents. The at...
Hector Sapinoso
Tax impact of building up reserves for capex/deferred maintenance
Hi BP,I recently had some questions about estimating for capex (link below), and that got me thinking about taxes. If you add in a certain expense on your P&L for building up capex or deferred maintenance reserves...
Jermaine Chad Ingram
Tax liens, TDA, to build for lease to owner financing
So in the first example, it is certificate number 2626. And I bought the liens on 9/9/2017. My intention was to hold the liens until redemption, collecting the 18% interest.
Not long after, I became excited by th...
Courtney Clark
Building a DM list with tax delinquent properties in NJ
Hi all,I'm new to BP but have been reading through the forums for a long time now! I am currently a part-time landlord but am looking to dive into wholesaling in New Jersey. I'm building a DM list using the usual filt...
Jo Zhou
City Building zoning is R1, county tax roll says Duplex ?
Hi, I am buying a house in California as an investment property. This house is located in a single family house zoned area, but with a separate 1 bed/1bath unit in the back attached to the front house. The front house...
Bei He
How to get building value for rental depreciation (tax purpose)
I purchased a Gilbert rental property last year now I'm doing my 2021 tax.I have a question for the Arizona property depreciation.Usually we should use the building value, which is (purchase cost - land value) to do d...