Your house isn’t just your haven—it can be a financial asset too. Here are 10 tax tips every homeowner should know:1️⃣ Mortgage Interest Deduction: Deduct interest on loans up to $750K!2️⃣ Property Tax Deduction: Clai...
Hi Bigger pockets community,Quick question. Do you have to report your cash flow on rental properties?Is this income taxed?Appreciate your input in advance!
Hi EveryoneAnother question I have is whether or not to incorporate/holding company etc. I now own 5 rental properties that are in my personal name. I’m a buy and hold type of person. I also leave all the cash flow fu...
Since I occupy one of the duplex units does that mean I can only deduct 1/2 of the depreciation from my gross income?I guess the same goes for maintenance and repairs as well, that I can only deduct what I spent on th...
Hi All,I'm looking for a CPA, preferably in the Pasadena area but am willing to travel a bit for someone great. I need someone who can advise on inheriting multi-family rental property, along with other things.Thanks,...
Your house isn’t just your haven—it can be a financial asset too. Here are 10 tax tips every homeowner should know:1️⃣ Mortgage Interest Deduction: Deduct interest on loans up to $750K!2️⃣ Property Tax Deduction: Clai...
hi everyone ! I have family in rockford Illinois but im looking to invest in Milwaukee and im looking to connect with folks .
Hello all!
Going to meet our tax guy soon and wondering if there's any tips or need-to-know info regarding filing after purchasing our first STR cabin. We did cosmetic renovations and of course had to furnish it sinc...
If you’re sick of tax-induced headaches and want to learn when and why to defer earnings, read this interesting article: http://taxes.about.com/od/taxplanning/qt/year_end_tips.htm
Hi BP members. I am CPA that specializes I real estate and international tax. I am also an aspiring real estate investor I hope to connect with other RE investors and share some of my tax knowledge with you all. I’d l...