Here are the income tax brackets for 2014 and 2015 (from Bankrate). The same six tax rates still apply, but the income that falls into each in 2015 is adjusted for inflation.http://www.biggerpockets.com/blogs/5881/blo...
Hello everyone.I'm trying to breakdown how an IRS 1031 extension notice applies to a 1031 exchange. All help is greatly appreciated. Facts- Property Sale/Closing date: October 21, 2024- Property Location: sold in Miam...
First, let me take the opportunity to thank the BP community for the incredible (free) education I am receiving.
I have a question on the payouts from crowdfunding opportunities. How is that income taxed? It may ve...
So I received a credit screening from a prospective tenant and it has some dings. Overall score is 643 out of 850. Not bad, not good, but applicant verbally told me their score was 700+. The question I have is tha...
Do I have to file for an EIN number for an LLC that I hold a multifamily property under with a partner? I am closing on the Triplex on friday and everything else is ready but no EIN, does it matter?
The development of new infrastructure is crucial in shaping our communities and powering our economy. Infrastructure can include things such as bridges, roads, utilities, ports, etc. and are what help people connect w...
Will I get the same benefits for tax advantages when I invest out of state.
I live in California. Thanks for the help.
I know this a common topic of discussion, but thought I'd ask another question as it relates to rehabs (we GC our own rehabs).
I know you need to send a 1099 to any "independent" contractor to which you pay $600 or m...
Good morning everyone, this is my first Bigger Pockets post and I'll make it short and sweet. I was a Federal Employee for 7 years. I was in the Thirft Savings Plan (TSP) which is equivalent to a 401K. I have approxim...
Hi All,Merry Christmas!I'm a British expat working in China and have been looking for a way to improve on the poor returns I've seen in China and Europe recently. Some US rental markets do look very attractive, such a...