I'm exploring SD checkbook IRA thanks to the advice on this forum. Unfortunately I don't qualify for solo-401k since I have no self business generating 1099 income... I wanted to see how UBIT is calculated in a IRA LL...
Let's say I have 500k down payment and borrow 500k, and the monthly mortgage payment is 5800, and out of that, 4800 is mortgage interest, and I pay 2500 annually for insurance and 10000 for property tax, could anyone ...
I am interested in purchasing the home of an elderly couple who wants to sell. They have owned the home for a long time and have seen 10x appreciation. This is their personal home. In the event they owner finance, ...
I was looking over the schedule C form, and I dont quite see how one claims the 20% pass through, QBI. Any of you tax experts out there have guidance? @Brandon Hall @Natalie Kolodij
Hey guys, I'm trying to get a better sense of calculating property taxes. As an example, I'm looking at a property in Las Vegas. I went to Zillow and scrolled down to the price and tax history. From where I was able t...
Hi there,
My business partner (Jordan) and I need some help calculating the profit for our recent fix and flip in Denver, Colorado.
We, as a joint partnership, originally purchased the home for
$340,000. Jordan ...
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*This link comes directly from our calculators, based on information input by the member who posted.
Hello BP Community,
I am looking at a single-family home in Detroit which I believe ...
An obstacle I'm running into with building my portfolio after analyzing a potential deal is the very high property taxes, particularly on properties that have been owned a long time by the previous owner. Im.not certa...
I am selling a home in Georgia as a non Resident.I am told a 3% of Cap Gaines will be with held for the GA IRS.I read that GA Capital Gaines tax is 6% and they seems to be no Long term/short term differential.I unders...
I have a few rentals in the USA (Florida) and in France. The tax systems are quite different. In France for furnished flats, for example, taxable income is 50% of gross income with no deductions allowed. Simple but...