Jon Fletcher
Switch from W2 Employee to Consultant for Tax Savings
Does anyone have experience with asking their employer about switching from a W2 employee to a consultant so that you can take advantage of the Real Estate Professional status? If the employer pays your LLC S-Corp ins...
Woojin Joo
how to calculated expected tax savings with first property?
How much tax savings can be expected with my first investment property? How can I do the calculations myself? I pay a lot in taxes in my W2 job, and would like to know how much can be offset.Does the math change signi...
Jingwen Ni
Question about saving taxes for high W-2 income
Hello, has anyone approached this issue and was able to overcome it? We are considered high earners and not able to take the passive income loss on schedule E due to the $150k cap thus unable to enjoy the depreciation...
Marshall Secord
Flipping and saving on taxes with a Solo 401k
Hi BP, I've been flipping houses in Philly for nearly two years and I am coming up on my first year that I need to pay taxes on my gains. I recently met with my CPA to go through some of the best strategies to minimiz...
Corey Meyers
Short term flip ways to save on taxes!! Help
Hello, I am new to the bigger pockets forums as this is my first post!Me and my dad currently flip properties in the philadelphia/south jersey area. The handful of flips we have done in the past have all been long ter...
John G.
California Prop 13 - Tax Savings for Redevelopment with Neighbors
My 2 neighbors in Southern California are considering building a larger apartment complex across our adjacent 7,000sqft lots. We purchased our properties decades ago and Prop 13 has kept our property taxes to less tha...
Sara Batool
Looking for advice on a plausible tax saving strategy
Some background that I hope provides cover for naive questions. My husband has a regular W2 job in the bay area. I used to work as a hospital/pharmacy admin, but took up work at my local elementary school to be close ...
Tuan Huynh
Review: The Strategic Tax Savings Program 2022. Amanda Han
This is my honest review of the Strategic Tax Savings Program 2022 by Amanda Han and Matt Macfarland
This review is coming from a beginning investor with 1 rental property. The information I learned from this prog...
Jacob Munson
Questions about tax savings on rental condo in Encinitas
Hi all, had a few questions about my condo in Encinitas which I originally purchased for $430k and maximizing tax benefits when I turn it into a rental in the coming year.1) How do I figure out my adjusted cost basis ...
Bette Hochberger
Two Essential Tax-Saving Strategies in Real Estate Investing
Hello all! I recently got a message regarding some tax strategies in real estate investing. With a decade of experience as a CPA specializing in real estate, I wanted to share two tax-saving tools that can immensely b...