Mauricio Botero
Philly Realty Transfer Tax (x2) when buying from a wholesaler?
As we already know when you buy and sell property in Philadelphia, there is a transfer tax you have to pay that comes out to about 4.2% of the purchase price of the property. https://beta.phila.gov/services/payments-a...
Andre Key
Seller Finance - Who gets the Tax deduction from the 1098 form
I have a question to any that have been through the situation or that my have some expertise.My question is I know when you buy a home for investment the taxes and interest on the mortagage are tax deductible. I have...
Alex Kebets
For all Accounting People - I Need Career Choice advice.
Hello Everyone,I have been listening to the podcasts for a while and I love the BP Community, Great Stuff!! I could use some advice on something. I am majoring in accounting, graduating spring 2017. I currently intern...
Monique Bjork
paid cash for floor sanding company, they havent given receipt
I had my wood floors of my rental home owned in another state resanded and stained for $ 1,650.I paid in Cash and requested a paid receipt for the job to be emailed to me. I'm still trying to get him to do s...
Ryan Leake
Navigating STR Loophole Tax Strategy: Success Stories and Cautionary Tales
Alright guys and gals - this one is juicy (and a bit lengthy), so buckle up,
Today, we're diving into the world of short-term rental tax strategy, exploring both the opportunities for success and the pitfalls to avoi...
Mark Vandzura
to 1099 or not to 1099, that is the Question.
I own several rental properties in New Jersey owned in two LLC's and now it's tax season. I have several venders (plumbers, electicians, HVAC, etc.) that I use for maintenance and repairs. This year my wife learned th...
Susan O.
Tax Writeoffs Out of State Property-
We reside and pay California tax. We have rentals in Ohio, Hawaii and Nevada now. For travel expenses we have racked up a lot of expenses on a property in Hawaii. For the Hawaii duplex. We legitimately have been fl...
Shaun Nichols
Business Planing & Accounting Realtor/Investor
Greetings Fellow Investors,
I'll make this quick. I'm a Realtor in the South Carolina area who will be buying my first house hack this month. I know that in any business knowing and tracking your numbers is vital to...
Misty Alderman
Selling intended rental with partners and 1031 possibility
Hi Bigger Pockets Community!Hoping you can offer some advice: My husband and I partnered on a house with another couple to rehab it and rent it out.That was the intention, anyway. The guy from other couple abruptly lo...
Collin Hays
STR owners pay sales tax on VRBO's service charge?
We are currently in a sales tax audit with the state of TN. The auditor is stating that it is my responsibility, as STR owner, to pay tax on the service fee that VRBO charges guests. How could that be possible? Thi...