Hi BP, I've been flipping houses in Philly for nearly two years and I am coming up on my first year that I need to pay taxes on my gains. I recently met with my CPA to go through some of the best strategies to minimiz...
Hello, I am new to the bigger pockets forums as this is my first post!Me and my dad currently flip properties in the philadelphia/south jersey area. The handful of flips we have done in the past have all been long ter...
Some background that I hope provides cover for naive questions. My husband has a regular W2 job in the bay area. I used to work as a hospital/pharmacy admin, but took up work at my local elementary school to be close ...
This is my honest review of the Strategic Tax Savings Program 2022 by Amanda Han and Matt Macfarland
This review is coming from a beginning investor with 1 rental property. The information I learned from this prog...
Hi all, had a few questions about my condo in Encinitas which I originally purchased for $430k and maximizing tax benefits when I turn it into a rental in the coming year.1) How do I figure out my adjusted cost basis ...
Hello all! I recently got a message regarding some tax strategies in real estate investing. With a decade of experience as a CPA specializing in real estate, I wanted to share two tax-saving tools that can immensely b...
Good afternoon all! Long time lurker, first time poster, glad to be here.
I was house hacking my primary residence in Conroe, Texas but I am going to turn it into a full blown rental as I'm away from home for work r...
My 2 neighbors in Southern California are considering building a larger apartment complex across our adjacent 7,000sqft lots. We purchased our properties decades ago and Prop 13 has kept our property taxes to less tha...
Hello all,My question is not 100% related to buying or selling a piece of real estate but it does relate to financing and getting things in order to purchase my first investment property so I hope it can still get som...
Real estate can be a rewarding investment, but it also comes with various financial responsibilities, including taxes. Fortunately, there are several tax-saving strategies that property owners can utilize to maximize ...