![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/818040/small_1694876350-avatar-sarahh62.jpg?twic=v1/output=image&v=2)
Hi All!! So excited to find this, and nervous at the same time. I found you all through my quest of financial independence, and have since decided to go the real estate route since we are already kind of headed that ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1601661/small_1621514064-avatar-jasons789.jpg?twic=v1/output=image&v=2)
Hi, We currently manage a few vacation rentals on Airbnb in both CA and NV, (3 in CA and 2 in NV), and we're acquiring a hotel in CA right now. We live in NV.I did some research about setting up LLC/c-corps but still ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/786923/small_1621497393-avatar-erics246.jpg?twic=v1/output=image&v=2)
So I recently set up an LLC with Legal Zoom and completely forgot that with my purchase I get a complementary 30 minute consultation with a tax accountant. I'm not wanting to waste the opportunity but for the life of...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2652857/small_1694794437-avatar-dylanm279.jpg?twic=v1/output=image&v=2)
Hi Everyone,
My name is Dylan Matry and I am a long-time resident of Grand Rapids, MI. I have always been interested with the idea of real estate investing and have been trying to learn as much as possible.
I've fi...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2240907/small_1694903626-avatar-julieb175.jpg?twic=v1/output=image&v=2)
I’m a newer investor. Currently we own (4) properties. Most are multi-unit. Since my earliest research, I’ve heard of the tax benefit that comes with real estate investing. I have a high income job that is not relat...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/155280/small_1621419917-avatar-dandel.jpg?twic=v1/output=image&v=2)
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...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1030403/small_1621507788-avatar-reneb14.jpg?twic=v1/output=image&v=2)
Hello,
My mom received a house through an inheritance last year. She now wants to transfer that house to me as a gift.
What kind of tax issues should I be concerned with in terms of receiving such a gift. The ho...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/933599/small_1695303221-avatar-brucew45.jpg?twic=v1/output=image&v=2)
Our family here in the Kansas City metro just formed an LLC to purchase a vacation rental property (3BR, 3BA condo) in a Colorado resort area. For at least the immediate term, we will continue using the incumbent prop...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/987045/small_1695376569-avatar-houstoni1.jpg?twic=v1/output=image&v=2)
Hello All, I purchased my first rental property in Houston on August 2017. I listed it for rent right after closing. House required painting and many small repairs (not improvements/capex from what I read from IRS rul...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2357470/small_1646878192-avatar-katej30.jpg?twic=v1/output=image&v=2)
Targeting all investors:
Taxes are important. You can write off a lunch conference and save lots. I’m targeting those who really keep track on the tiny expenses to the big ones on a daily basis. Even if you have a bo...