Good afternoon all! Long time lurker, first time poster, glad to be here.
I was house hacking my primary residence in Conroe, Texas but I am going to turn it into a full blown rental as I'm away from home for work r...
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...
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 ...
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...
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...
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...
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...
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 ...
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...
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...