Good morning all. What is taxable in note income and what is tax deductible? Trying to figure out taxes for my business and how to list it in my ledger. Thanks.

Hi Everybody, I looking to invest on a single family on Jacksonville FL. I Cant seem to find the way to find what is the property tax rate, Where do I pull this information from? Thanks ahead!

Hello All,I have opened a Solo 401k Account last year. I have self employed income for 2018 and 2019. I like to contribute to both 2018 and 2019 this year. I have filed for extension for taxes for 2018. I am getting d...

I want to reduce my taxable income as much as possible. (Selling stocks and want to avoid long-term capital gains.)Maxing out the 401k is $18,500, standard deduction is $24,000. My question is, what does the bank look...

I have 3 houses each $2700 a month in mortgage and no other debt; no credit card, no car nothing else. My total expense is $2700*3=$8100 monthly. My question is in order to buy my 4th house 1million dollar FHA 3.5 ...

Hello fellow BPsI am looking for your thoughts on my current situation. I am selling a duplex I've owned for 9 yrs and it looks like I will be getting about $30K profit at closing. My questions is; Should I proceed wi...

Hi All,I recently began my search for a multi-family property to buy and hold in NYC and have been getting caught up in the tax calculations. I worked with a couple different lenders and they didn't completely underst...

I currently have a loan on my primary home. And I also own a rental property with no loan. Now that standard deduction limits are changed in new tax law, I may not be able to use 'mortgage deduction' on primary home a...

Hi,My husband and I are trying to purchase rental real estate properties. We are just learning about it, but our plan is to buy a few of these properties (ranges between $80k - $150k) in the next couple of years and e...

Hey BiggerPockets community!I thought I would share my most recent success story in order to help inspire new/beginner real estate investors. On June 4 2015, we bought an old house (1951) that had a pretty huge lot (3...