Yenlan Patton
Should you make improvement of rental property to reduce tax ?
What would you do to help reducing your taxes with your rental property income ? we have more income from our rental homes this year which is a good thing but other hand we will pay more taxes next year. Any thought. ?
Account Closed
Looking to start investing in North Miami / Aventura area
I’m new to REI currently looking to acquire multifamily properties in the North Miami Beach, Aventura, and Hollywood areas that meet the following criteria:
Price per Unit: Maximum $250,000 (4 PLEX MAX 1M)
Cap Rate:...
Todd Tripp
Capital Gains Rollover Prior To 1997...
Does anyone know whether or not the gain from the sale of a home prior to 1997 that was rolled over to another home is taxable if sold today?
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Deepti Mikki
Question on investing in motels - tax benefits
Hi, Quick question on investing in motels. Does cost segregation and double depreciation apply to motel investing as well? I know for multifamily a general rule of thumb is roughly 35% of the purchase price can be dep...
Damon Silver
ADU on existing duplex property - worth it?
We have a 4/2 attached duplex up and running in an Oregon college town. The property has a decent-sized lot with a carport past its shelf life. We're considering knocking down the carport and/or putting in another A...
Saba Motakef
1% rule—how much flexibility is allowed?
I am bit of a beginner located in Southern California and was looking at rental properties in the Orange County area. I am having a hard time finding properties that satisfy the 1% rule (whereby monthly rent should be...
Yong Jin Lee
?: Tax Deduction on people who are on W2 and do the rental property Investing
Hello! My wife and I are both W2 employees. We are carefully looking into starting rental property investing. However, one of our objectives is to reduce the tax burden we face on our W2 income. However, a local real ...
Jerry Kisasonak
New Tax Laws: Expenses or Capital Improvements?
I am trying to get a handle on the new taxes codes in regards to expensing versus capitalizing and depreciating. I have heard that the new laws basically state that "replacing" something such as a roof, AC unit, etc i...
John Wallace
HELOC Interest No longer deductible ? What effect on Investors?
I Found this on a mortgage Calculator website, if this is true...What would be our new strategy to counter the Thousands of Dollars in Interest payments we can no longer deduct ?Understanding The Income Tax Implicatio...
Sam Erickson
Looking for financing options
Hey everyone, so I came across was appears to be a solid investment opportunity. My hurdle, like most is capital on hand for down payment. Below is an overview of the deal.
9-unit, 3 story brick apartme...