I own some small assisted living homes for the elderly.  Is the principal reduction on my mortgages each month considered taxable income?  And if so at what rate?

Hi All,I am learning about owner financing and one of the question I have right now is "how does the tax reduction works in the owner financing". A normal mortgage company mails a IRS Form 1098 on the interest we pay....

Hi,I am working my numbers to determine the ROI of some properties (SFH) that I've shortlisted to buy and hold for rental income. I checked the property taxes on the County Auditor website, and noted that there were "...

I thought I read in one of the BP books that if someone owns a multi-family and lives in one of the units that they can file for a 25% reduction in property taxes. Though I’m having trouble sourcing this now and can’t...

Hi everyone, 
Thank you in advance for the replies. I have been learning and listening about realestate investing for some time now and have questions about how real-estate can be used to reduce taxable income. Lets ...

Hello BiggerPockets Family,I own a 3 unit multifamily house and I'm considering having a cost segregation study to accelerate the depreciation on the property.  I know that this makes sense as a tax strategy for comme...

Good morning, BiggerPockets!
First, let me save you the trouble: you are not my attorney nor my CPA and any advice given is for educational purposes only! 
Second, thank you for taking the time to respond. The shari...

I searched the site for some basic information on this, and didn't see much in the specific area of exemptions, and that might be because there really isn't any (sad face).I do know the lot of you are much more intell...

We are increasing our portfolio of rentals via REOs, and wanted to know if there is a service out there that we can contract to attempt to lower the property taxes.I know not every county will stick the new tax rate a...