Iñigo Alonso
Taxes on rental income when house hacking
Hi!Just finished reading the House Hacking Strategy and I have a question that I believe it goes unanswered in the book.I´m wondering how is the income you get from house hacking getting taxed, at which tax rate. The ...
Colin M.
Where can i find a list of ACCURATE TAX RATES for each State
Hi thereIm a NYC based investor, investing throughout the country but find it hard to get clear data on state/local taxes for other parts of the country!Where would you guys recommend i search online? The local county...
Corey Dutton
Deduct Capital Gains Tax from Your Real Estate Profits
Capital gains taxes can take a huge bite out of a real estate investor’s profits on the sale of an investment property. This is because an individual, who has capital gains income, is subject to both federal and state...
Raj Saxena
Sale of Rental Office Building- Depreciation Recapture&Cap Gains
Sale of Rental Office Building -want to eyeball these calculations -We are retired now, & our annual taxable income is 50k from the rental building & another 75 k from Investment Portfolio (Dividends + Cap gai...
Kristyn Sanchez
Anyone live in Bakersfield, Ca or familiar with the area?
I would like to start investing in Bakersfield since I live here. Looking for advice and opinions on the current market here and also would be nice to meet new people.
Stacy Tring
Depreciation recapture rate + offset from capital losses
Hi all,Spent all morning trying to research this and get conflicting answers, so let's try the BP hivemind.1) Is depreciation recapture ALWAYS taxed at 25%, or is it taxed at your ordinary income rate UP TO 25%? I've ...
Jake LaRoche
Just looking to get a round about for how much i would qualify for a mortgage.
with my income of 100,000, a score of 720-730 and no debt (other than a car loan of 30k) , what could i even qualify for using the new 5% conventional loan (upstate New York)
Carlton Wood
$25,000 Offset Question???
What’s up BP!!! Have a question about the $25,000 offset I’m hoping someone could answer for me. To be clear I’m referring to the up to $25,000 in passive losses that the IRS allows you to offset your earned income by...
Ashley England
Rehabs and property taxes?
How are property taxes calculated?I understand it’s partially determined by the value of the home. When turning rehabs into rentals, how can I plan for what the property taxes will be after the rehab is complete?If yo...
Shafi Noss
Depreciation from Cost Segregation taxed at 1250 Recapture rate?
When a passive investor in a real estate syndication takes depreciation, they are required to pay back that depreciation on sale at the 1250 recapture rate, capped at 25%. Does anyone know if depreciation from cost se...