Before I buy a property I want to know how much my taxes will increase after we agree on a purchase price.  I know this means a lot especially when you move into commercial real estate, anyone have or know of a good w...

Hi Bigger Pockethttps://semiretiredmd.com/primer-real-estate-professional/
I just read this site and it appears to something very beneficial to me.
Background - I am a doctor who makes over 500K(1099) clinically and...

Hello

I understand the concept of running the brrrr strategy in single family homes but I am having a rather hard time understanding the strategy in multi family scenarios.

For instance, let's say I purchase a 10 u...

I've been listening to Garrett Sutton's audiobook, "Loopholes of Real Estate". In it he discusses primary residence asset protection in the form of "Homestead Exemption" which varies by county. When I research this, t...

Happy New Year All!I was doing some research for the book and came across this urban ag property tax trend. Some states offer property tax reductions for "agricultural land" and bees count as a "food animals."Does any...

I understand that a typical rental analysis takes the monthly rental amount, sets aside 5% for vacancies, estimates 50% for expenses, and then makes sure the remaining 45% pays debt service and leaves a profit.But I'v...

Is there a way to get property tax refund if a rental property has been vacant for previous years? I've read through the Assessor's website, and I see you can get a reduction on the assessment for the current year. Ho...

I’m buying a rental from sellers who are doing a 1031 exchange. We originally agreed on a $15,000 closing credit, but their qualified intermediary advised that they do a price reduction instead because a credit would ...

Hello BP community, I am looking for advice confirming what I think I know about tax advantages with rental income and help filling the gaps on some of the tax advantages/strategies that I may be missing.
To begin, I...

Hi, folks. I am a new investor and I got a rental property in Texas. I did not rent it out last year since I got it in Dec. I've some cost incurred in 2020 such as loan points, agent fee for finding a tenant, etc, so ...