Frank Szymanski
Income tax property evaluation question
Simple question as I am just getting into this real-estate gig.Do you account for your federal income tax when evaluating a houses performance in a buy and hold strategy. Do you account for that in some form of an ROI...
Pete Perez
Seattle High Income Tax Proposals
Hi BP,I was curious what local investors think of the High Earner's Income Tax that Seattle is talking about currently? How do you think it would impact your business? I am not clear on the details of the tax either. ...
Mallory Jakiel
Tax Benefit for W2 Income
Hello,I am new to real estate investing. Part of the reason I'm beginning down this path is for a tax shelter for my W2 income. I'm married with one child and make $135K.Will I benefit more in tax deductions by purc...
Joe Gold
Georgia rental property income tax
Hi all,I live in California but interested in purchasing investment property in Georgia.What are the tax rates for non residents of Georgia?Will California offer tax credit for taxes paid in Georgia?
Korie Apgar
Income Tax Time for Landlords!
Looking forward to input on this. I would like to know exactly what is and what isn't a business expense at tax time (for an investment property) when it comes to the fees at time of purchase. These are the obvious:...
David Ackley
Cosigning means double income tax???
Hey all,
I've just put in an offer for a client who's pre-approved with her father as a cosigner.
They are TN residents & the daughter is moving here to KY for work & is purchasing the property as her home....
Account Closed
Tax Rates on Rental Income
Greetings All,
I am new to the real estate investing world, planning to make a purchase this summer. I was curious about how rental income is taxed, specifically in the state of GA. Does anyone know the current rates...
Joshua Kohl
Tax deductions and personal income
Do deductions for investment property (depreciation, property mgmt, mortgage interest, etc) only count against your rental income or can it also apply to personal (w2) income? I only have 1 investment property curren...
Michael Perreira
Tax free retirement income strategy
Hello, just wanted to throw a strategy out there for tax free retirement income. Refi ladder: for purpose of this posts we'll say we finish with 30 properties, all with 15 years of equity and payments on a 30yr note...
Javier Gaillard
Federal and State Income Tax
What is the tax rate -income tax- for renting property? Is there a State and Federal income tax? I know some states don't charge income tax on rentals, but you still have to pay the Federal income tax?Can you get a be...