Gina Russoniello Tiwari
STR Newbies - Running the numbers & TAXES in particular
Hello wonderful BP community, Spouse and I are looking to get started in the STR business. We are new to RE investing in general (so far our only RE holding is a passive LP interest in a RE fund). We are trying to fol...
Michael Plaks
End-of-Year tax planning: Roth conversion 101
I just finished EOY tax planning sessions with my clients, and Roth conversion was one of the topics. It reminded me how confused most investors are about Roth and prompted me to write this long post. Since Roth-relat...
Daniel Murphy
Cost seg & STR loophole from a financial planners perspective
Hey all, I did a cost seg study on my short term rental for the 2022 tax year. I'm a financial planner by profession & really wanted to understand the nuances behind this topic more. I love comparing the hype vs r...
Henry Murray
How to estimate property taxes in LA county??
Hi BP! So I’ve tried several avenues already and I’m actually shocked I haven’t been able to find this info anywhere yet, so I’m turning to the trusty BP community. (Disclaimer: I’m not asking for tax advice, just fo...
Eric Long
Should Property taxes scare me away from Fort Worth?
Hi BP Friends!
I am still narrowing down the cities I want to invest in. So far, I have been eyeing Fort Worth / Dallas. I visited once for work and I can see the booming economy here.
How does property tax affect ...
Donald Hendricks
Capital Gains Tax at 0%
Ok... I have been alseep at the wheel for a minute, so I am not up to date.I have decided to sell a rental house that I have had for over 2 years, so it is in the long term catagory. I am selling because I moved out...
Anna R.
Taxes on Flipped properties. Do I pay higher taxes?
If I am currently full time employed in Illinois and fit into the 28% Tax Bracket, what taxes do I pay for my flipped property? Am I still paying 15% of capital gains or do I pay 28% on capital gains due to my current...
Johnny Weekend
Property Taxes in Cleveland
HiWhat has everyone experience been in regards to property taxes in Cleveland. I saw James Wise quote the current taxes however if the property sells for a new higher price won't the property taxes be based on the new...
Mike Warder
Lender collecting wrong SC property tax amount...
I purchased two rental properties in late 2016 in South Carolina and the paperwork for the mortgages listed my property tax rate at 4%, instead of the 6% investment property rate. As a result each month my lender is c...
Anderson Bigate Nogueira
Tax increase driven by sale transaction
Hello BiggerPockets members ! would love to hear your experience on similar scenarios. I'm preparing an offer on a multifamily and I am expecting a big jump in taxes and want to factor this in my numbers. This is in T...