In 2020 my wife and I plan to test retirement by living off our rental properties. I'll be quitting my 20 hour/wk day job because I think we now have the cash flow to retire. Our income (including wife) will be droppi...
I'm a bit confused about how capital gains are taxed. I sold a parcel of vacant land in 2007 and I'm now calculating the gains, which are around $12,000.
I was under the impression the gains are taxed at a lower ...
Hello,
Im going to be in a situation this coming year of having a positive cash flow from my rental properties and had a question im hoping can be answered on here...
Will my positive cash flow from rental property ...
Hi all- I am new to BiggerPockets here and investing in real estate. I am looking to get started using an FHA to purchase a 2-4 unit multi family property. As I am running my numbers a few things I would like some ins...
I have read about 1031 ( 1031b ) and am still uncertain as to how the property you sell is taxed and how to ( if you can ) defer from paying taxes on the profit you make, from the sale
I am looking to finally...
I'm exploring the SA market and wonder, how does everyone cope with the 2%+ property tax rated? Seems like it really erodes the CF...
I am trying to analyze deals using bigger pockets calculator. Looking into properties in Delaware county. What is a good way to get an approximately accurate property tax and insurance rates in PA? I have heard that Z...
I am someone who currently works on a W-2 basis and plans to transition to living off of my cash flow but in the next couple of years. I am interested to hear about peoples first hand experience with earning $100,000 ...
Property taxes are a major component of expenses in real estate. Today I found this article from Mansion Global that shows the latest numbers from CoreLogic comparing the property tax rates throughout the country on a...
Greetings All,
I am new to the real estate investing world, planning to make a purchase this summer. I was curious about how rental income is taxed, specifically in the state of GA. Does anyone know the current rates...