You have to pay property taxes but are your leftover profits taxes the same as income from a regular job? If so can you write off expenses(i.e. maintenance)?

Hi BP, I quit my full time job and closed on a property a couple months ago in Philly. I’m doing most of the renovations myself and I’m starting to sift through the potential taxes incurred once I sell. I’m a bit conf...

Good morning all. I am a new investor learning lots with Bigger Pockets. Thanks for all of the helpful info. After attending a free workshop from Fortune Builders and hearing how a few deals can be done creatively my ...

So I know this situation is probably not unique but also probably not entirely common.  I plan to seek help from both a tax professional and a lawyer but figured I would see if anyone on BP has any information or know...

Hello,After hearing about it on Tom Wheelwright's podcast, I want to hire my daughter to help out with our real estate business.  She is a mature 7 years old, and would do great at cleaning the hallways and common are...

Hi gys -I am planning to sell my Investment Property that I bought in 2012. I'll do an example below just to understand the taxes payable.
Can someone with real experience relate if they really had to pay these taxes...

I've done some reading on the advantages of Solo-401K options (this article was awesome!).I am hoping to use funds from my adjunct teaching to invest in real-estate and was hoping I'd be able to shelter this income by...

I always see discussions where investors ask about creating an LLC for their business.How come people never discuss S-Corps? Are they not common in the World of REI?I currently own several S-Corps in other industries ...

glad I could help out with my tax money...

http://news.yahoo.com/s/ap/20081008/ap_on_bi_ge/meltdown_aig

I currently own 21 properties in Indianapolis.  I have never sold one of my properties.  Someone recently contacted me with interest in buying a few of my properties.  I am curious to know how to figure the amount of ...