Please be aware if you buy an investment property and do not live in MD, when you go to sell it you will pay an 8% tax at settlement. If you live in the home for 2 out of the past 5 years and move out of state you ma...
Good evening all,I live in California and am planning to start investing in Phoenix. Would you recommend using a real estate attorney near me that knows California tax laws or one in the Phoenix area? Pros and cons? T...
Will I get the same benefits for tax advantages when I invest out of state.
I live in California. Thanks for the help.
View report*This link comes directly from our calculators, based on information input by the member who posted. This is a potential deal I received from a wholesaler. In playing with the numbers I s...
Does my CPA need to be in the location I’m buying in?
I have heard that the UDFI tax rate dropped to the corporate rate of 21%. Did the new tax law also change the UDFI tax rate to 21%?
So it's pretty clear (to me at least) that I should be moving properties titled in my name into an LLC based on the recently passed tax bill. They have been in my name for several years now. Are there an implications ...
Help please. I cannot find, in any of the forum, how US citizens are affected when they buy international properties. The tax laws will vary on the country selected, but I'm interested in how does it affect my US...
Looking to find 1 accountant who knows the US and UK tax code and with experience in real estate. Yes I know I may be looking for a unicorn!
Hi everyone,Hope everyone’s day is going swell. I am a newbie and try to learn as much as possible from BP. I saw BP has a book called tax strategies for the savvy real estate investor which was written in 2016. I’m v...