Jose Leandro Gobea
personal income or property's cash flow
Good evening, everyone. I have another question similar to the one I asked before. When I am going to buy a property, how important is my income if the property is going to be rented out? I want to buy a fourplex and ...
Nick Brubaker
Tax advantages: Flipping or Renting
So, I have my first property under contract. I'm excited about it because it offers good potential as either a flip or a rental. In deciding between the two options I'm wondering:Which strategy has more tax advantag...
Jonathon Hunt
Financing for 4-plex in Sacramento, CA
Hi BP - I'm trying to purchase a 4-plex in Sacramento, CA that I can either use as a primary residence (owner occupy one of the units) or as an investment. Total purchase price is around $1mm. Property generates $66k ...
Edgar Garnys
How to figure out Marginal Tax Rate to calculate Tax Savings?
Does anyone know how to calculate the marginal tax rate? I want to take (depreciation + interest paid) × marginal tax rate to calculate yearly tax savings. The template I'm using has 51% currently plugged in but I fee...
Mary Johns
Newbie Living In Sunny Phoenix Arizona!
Hello Everyone!
My name is Mary! I live in Phoenix, Arizona. I've been listening to BiggerPockets for a little under a month. And, I dig the show! I love listening, learning and laughing every morning as I ...
Mario Lopez
General tax deductions for S Corp
I've setup an S Corp for my business and am wondering you can help me identify what tax deductions I should assume at the employer/corporate level? FICA, State Income Tax. Is there anything else that I should account ...
Abigail Hansen
Market Analysis Criteria for Investing
Hey BP,I've seen/heard countless times that market analysis is oftentimes more important than property analysis. What are investors specifically looking for when they are conducting market analysis? Are there certain ...
Kent Arrendell
wholesaling and flipping houses
Help!Starting out as a wholesaler! What first?I have a business phone setup already. What is my first move at this point? Look for a mentor? Start marketing by direct mailings.to a designated area in my DFW, Tx locati...
Shawn C.
Self Directed 401k for Apartment Complex
I am a real estate broker. I want to buy an apartment complex with an old 401k by converting it to a self directed and leveraging debt. I understand I cannot draw on the fund and the gains have to be reinvested. ...
Matt F.
Flipping tax question.
For all the flippers out there or tax pros.... What are the income tax considerations related to house flipping ? Specifically how is the gain or loss on the ultimate sale calculated is it ( my purchase price plus r...