Mary Jay
How to calculate your tax bracket for retiremenet?
Hi guys,How do you calculate your tax bracket for when you retire?Can you please correct me if I am wrong:Lets say you have 10 paid off houses that each bring you 1k so total you have 10K per month. Plus lets say you ...
Jim G.
cost of retrofit foundation with Simpson strong-tie brackets
For a 1500sf house with crawl space to enforce the foundation with Simpson Strong-tie Retrofit, a contractor quote me $10k while HomeAdvisor.com quote average in my area (zip code) is around $4.5k. Any idea how it sh...
Michael Dunn
What Percent Tax Bracket if Self-Employed / file a 1099 ??
Since we're here again for another Tax Season, I'm just curious , as to know 100% what Tax Bracket someone falls in as a whole ( State, City and Federal ) ....all Combined Is it 15% of your Income you should hold o...
Catherine Javier
Best way to Lower Tax Bracket by Adding my Father?
Hello everyone, I am a rookie and need some light.My spouse and I are recently closed on a LTR under LLC. Both of us are w2's with AGI >150k. We have read that even if you're an active investor, if AGi >150, th...
Payman A.
Capital Gains/Dep Recapture If Not Above 2nd Tax Bracket
Hi all. So after looking through pages of previous posts/replies, I did not find a topic that covers my exact question so I'm submitting this one.Can someone please clarify how capital gains and depreciation recaptur...
Horacio Gutierrez
Installment sale taxes
recognizes an installment sale as a way to defer a capital gain on a property sale. This can save on taxes by avoiding a bump up into a higher tax bracket if the seller had a huge gain." How do you pay less taxes by d...
Horacio Gutierrez
Calculating taxes with capital gains tax
Hello On a high level view how is capital gains calculated in regards to taxes as well ordinary taxes. Do you first get salary from work for the year and make some standard deductions and then see what ordinary tax br...
Dave G.
Calling all CPAs - Depreciation Recaputure Tax Rate
I've performed searches on this topic and cannot find anything definitive regarding my inquiry, so posting my own.
What will be the depreciation recapture tax rate I have to pay when liquidating a rental - flat 25% o...
Bill Adams
Highest Tax Bracket, Trying To Push Income To Next year - Tips?
Hi all, I have income that comes in from the highest tax bracket possible (over $1mm a year). I do have a strong CPA but was curious if anyone has any tips on things to look into that I might be able to do before the ...
Jack B.
0 capital gains tax if tax bracket is less than 15%??
I'm far from the 15% tax bracket, but my tax bracket will drop drastically in retirement, so I'm wondering if the 0% capital gains tax will apply to real estate investors who sell real estate and are in the 15% or 10%...