I purchased a 1 BR in Astoria in a newly built condo in September 2021. The cost of condo is $600k and the initial listed property tax was $410 per month. I just received my annual Notice of Property Value (NOPV) whic...

I’m just starting out and am in the process of closing on a SFH in California’s central valley.

I’m reading the NOLO “Every Landlord’s Tax Deduction Guide” and have a question about net operating losses and the $25K...

Can depreciation on rental properties be used to offset W2 earnings? So for example, if I make $100,000/year through a job, can taxes on that income be offset if I make a loss when I deduct depreciation from my rental...

I currently own 4 duplexes and 1 sfh as a sole proprietor. I’m wondering what the tax implications are if any for adding all under an sCorp. Is it worth it?

Thank you,
Garrett

Real Estate is THE BEST way to decrease/eliminate your tax burden. Here's why:This is a picture of a Schedule E. It outlines profit and losses from rental real estate. Look at all of the losses you can count against y...

Hubby and I purchased one duplex 6 yrs ago. After mortgage payments/insurance/taxes/expenses. We are at 0 profit at best, some years have been at a loss which helped cut our personal taxes.

Want to purchase 2nd pro...

I have publicly traded stock which I'd like to sell without getting hammered on taxes.Is there anything equivalent to a 1031 exchange which would allow me to roll-over capital gains from the stock sale directly into a...

My question is what are my options for capital gains taxes? I am going to sell a flip house and profIt about $30k. Do I roll this into a new flip house, purchase investment property or down payment on the purchase o...

Hey Everyone,I was brainstorming about shielding rental income from taxes and had a few questions. Thanks in advance for any help you can provide.Last year I bought a triplex with little money down, and took out an ow...

If I purchase a home for $25,000 cash, then spend $15,000 to fix it up, then refinance at an appraised value of $100,000(just an example), would depreciation be based on the $25,000 plus improvements or would it be ba...