Hi all. I'm a bit confused on this issue as I read about depreciation recapture being taxed as "ordinary income" then I see mentions of a "flat 25% rate". I have a 3 part questions:- So will the rate depend on your ...
I am new to the multi family investing business. I was wondering how much cash should I put aside for taxes? We don't have a state tax so should I save 20% for federal taxes?
Hello, first time poster here. I appreciate your help.
So my question is how to phrase the benefits of owner financing to an owner of a property I would like to buy with the tax benefits.
For example you will be ...
Discussing an event, where my rental property would be paid off and I would be receiving rent payments.If I was to refinance my home and make the rent payments to the mortgage, would i be better off financially?
I co...
a local deal popped up in my hometown for an 8 unit apartment. works out to a 15.6% cap rate. has 4 2br/1 and 41br/1 and rents are 400/300. 3 empty atm but he says he has calls all the time and stays full most of t...
Hi,I want to sell my rental property which had appreciated well enough to payoff my primary home mortgage. Any pointers on how the tax on appreciation is calculated taking into considering the passive activity loss ov...
I’m looking for clarification for how a seller would benefit from seller financing, versus an outright sale of the property. (Besides the obvious of getting interest payments from the buyer) Is interest paid to the s...
I just sold my first flip! Was able to get a great deal on a MH and turned it for a great profit. Was all in at just under $50,000 and sold it for $75,000. Now for the sad part..... TAXES. How much should I set asid...
Hi guys,Posted questions in the Tax category but didn't get any replies so coming back here where I've previously had great communications. One of my three questions is really not relevant so here are the other 2:- I...
If a raw land parcel was sold at a profit, with the seller owning this parcel for more than 1 year, with the seller being in a 15% tax bracket ( from regular job ), would there be a capital gains tax liability ? Selle...