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...
Djuan Snowden
Fund roth IRA, pay my taxes or keep saving.
Hello all,My question is not 100% related to buying or selling a piece of real estate but it does relate to financing and getting things in order to purchase my first investment property so I hope it can still get som...
Account Closed
Must Know Real Estate Tax Saving Strategies for Investors
Real estate can be a rewarding investment, but it also comes with various financial responsibilities, including taxes. Fortunately, there are several tax-saving strategies that property owners can utilize to maximize ...
Ryan Fox
would a 1031 exchange save me much in taxes?
I'm asking this question because I'm getting different answers from different CPAs as to how much I would save. I'd like to sell one of my rentals and put the proceeds into stocks instead, but if the tax hit is too h...
Dylan B.
Saving on taxes by splitting up property before sale
Hello,My grandparents are selling a piece of property for about $800k. Apparently someone told them that they could save on taxes by splitting the property between multiple people and then selling it. I guess the logi...
Michael Wnek
Best time to Start an LLC
My Wife and I are looking to move into our first House Hack soon. I have a general question as when is the best time to start an LLC. We will also be managing a family property and looking to grow our portoflio over t...
Travis Zurawski
Seller Financing Structure
BP members!! Advice is needed!
I am a new investor with one property under my belt already, but I am looking to obtain a new property through creative financing options. I want to approach the owner of the home with...
Stephon Rhea
Capital Gain Sales Tax Question
Just recently sold my first flip. What is the current rule on being taxed for capital gain and how can I protect myself to avoid being taxed at a high rate? I've heard that if I buy another investment property within ...
Raman Bindlish
How does Cash out Refinance accounted from Tax Purposes
I have a question with respect to Cash-Out Refinance.Background and some context- We bought a duplex last year and put in some money into it.- It lost money this year due to an eviction and we ended up doing a major r...
Charles Worth
Anyone have experience with land conservation easements or farms?
As someone with a full-time job and W2 income in a very high tax state I have been looking at ways to maximize my tax deductions. As part of this strategy it was suggested I look into land conservation easements. Howe...