Can anyone shed light on how the proposed Trump tax reform would affect property depreciation. Could this tax reform retroactively take away the tax benefits for 2017?
I just heard of opportunity zones. What is it ?
Hi Folks,I cannot understand why more people are not talking about this. Renter:Imagine I am a renter in Bay Area and I wan't to buy an average $1M home here in Bay Area and want to put down a decent 25%. My loan woul...
One of the incentives of a short sale was that you got a tax break based on an act passed by Congress in 2007.
Short sales are classified as debt forgiveness, therefore in a normal situation homeowners would have t...
I have a two member LLC that owns a small apartment building. We file Forms1065 and 8825. Don't file Sch. E, it isn't necessary when you file 8825.
The income from rent shows up on Line 17, Form 1040.
Since the i...
Hi All,I’m selling stocks (selling around $500k , around 50% of it is long term gain) to invest in a property. I’m already in high tax bracket ($350k income) . I’m selling mostly long term capital gains but I need to ...
I just read an interesting article about the "Opportunity Zones Program". I'm interested to see if anyone here on BP is already engaged with it and what there experience has been so far as well as their goals and exp...
The 2024 presidential election presents two distinct visions for America's housing market. Historical data shows housing prices have averaged 4.84% growth during election years since 1987, but the specific policies of...
I'm currently under contract for an investment property multi unit in Tobin Hills. I'm new to the area and wanted to know any information about the area. The cons and pros of the area and future potential. The investm...
You never want to find a property deal that is to good. Example, we located a commercial property that could be purchased for 10 thousand the property is zoned mixed use it has 1 existing apartment that needs full reh...