Issay Gonzalez
CPA /Taxes in Riverview, FL or Port Charlotte, FL
Hello Team,
I was able to buy my first investment property 3 months ago, I am aware that are many strategies (depreciation) to avoid paying taxes on my profits.
So now I need a good tax company that knows these Re...
Account Closed
How to avoid capital gains
We are selling a primary residence which was a rental for the last year. Since we lived in it for 2-yrs within the last 5, we qualify for the $500k capital gains exclusion. However our profit will exceed that by $150k...
Sean Walcott
Depreciation and Syndication
I am deciding about starting to invest in syndications, does anyone have resources that discuss the depreciation benefits? My primary goal in investing in real estate is to lower my taxes.
Michael Bando
Propwire and Propstream: general questions
I am just getting starting (aka havent really yet). I am looking into all the tools and seeing how to get started. If i could get some help with initial questions it would be much appreciated. They are probably basic ...
Evan Williams
Rental property, self-employed, tax
Can a pre-taxed self-employed income (pass-through entity) be used to purchase a rental property?
Frank S.
How should I structure this motivated seller deal?
I have a motivated seller with an SFR, 3 beds, 2 baths, 1600sq. ft., Houston suburbs. The ARV is 120K, the rehab is 15K, and I'd like to make 20K (flip) with an exit strategy of refi, rent and hold. I'd like to offer ...
Dan G.
Income taxes paid out-of-state with rental properties?
Hello,I am thinking about buying some SFH rental properties in the Midwest. I live in Florida. If I buy houses in Michigan, for example, do I have to pay state income tax in Michigan, even though I don't live in Mic...
John Tilstra
Residential vs Commercial Tax Rates in Chattanooga, TN
Quick question for my fellow BP REI folks in Chattanooga, TN!We are doing our due diligence on a duplex we're under contract to purchase in Chattanooga (Brainard), TN. The most recent tax assessment/appraisal was in ...
Brad Pierce
Advise on setting up an LLC, thank you in advance!
I recently purchased my 1st duplex in Valdosta, Ga. I currently live 30 minutes away in Florida. Do I need to set up my LLC in Fl or in Ga? I plan to grow & buy my next duplex in the 4th quarter of 2018 & pla...
Ashley Madalone
Taking Money from Business Account and Putting into Real Estate
I am looking to JV with my brother where I will do the real estate investing (finding deals, property management, etc.) and my brother will fund it from his business account. From a tax point of view, is it possible ...