The county assessor's apportionment of land v. improvements seems a bit high to me. On the 4 houses I purchased this summer, the land values are 42%, 42%, 33%, and 22% of the total assessed value. For depreciatio...

When you wholesale houses, do you have to pay short-term capital gains for each deal?

I wasn't sure how this worked.

To my understanding, actually living in the premises, especially being a 3-home or less, will put you into a different mortgage bracket, tax bracket, etc...

Do I need to claim my rental incomes and then pay taxes on ...

My wife and I are in the 22% tax bracket for our employment income. Is the rate my short term capital gains taxed at dependent on the amount I make from the sale of my flip or is it taxed at my income rate (including ...

I thought about posting this in the tax forum but realized this is more along the lines of a general or landlording topic.Do you guys do patch/mend/repairs on a property shorty after escrow to count it as the "cost ba...

We're in the process of purchasing our first rental property in San Diego (2 detached units with 3 beds & 2 bath each) and close at the end of April. We just had an inspection done and went back to the seller to s...

When you're part time wholesaling while working a day job how do you handle your taxes?  Do you set aside 35% from wholesaling then pay quarterly?  Then do you change the way you file taxes on your day job? Sam Williams

I want this to be completely transparent for accuracy. I have not calculated my expenses yet but my W2 reported income was $73,380. I grossed approximately $13,000 this year on the rental properties. I understand that...

Hey BP! My name is Noah Simmons and I am new to the REI world. Currently I am subbing out my work as a contractor for real estate investors and with every job over about 500 bucks I’ve been paid through a 1099 rather ...

I have developed an two part equation to help decide to sell or not. Please comment.1. Is net sales price greater than 10 years net cashflow and principal equity payments? For example, net cashflow of $500 per month a...