Donald D Michna
Capital gains taxes after retirement
I was speaking to someone about there rental property and they mentioned that if they sell one of their rental properties after they retire or have of income of less than $33k a year that they do not have to pay capit...
Rachelle Malkoff
Assessing Rental Income Tax For Potential Purchase
My husband and I are looking at some rental property options in the Boston area and using Net Operating Income (NOI) to assess if the properties would cash-flow based off of downpayment, mortgage rate, rent rate, main...
William Hochstedler
Equalized Value
Great podcast.
Ankit described using equalized values during the due diligence period. I am not familiar with this term. What are equalized values and how are they used in the analysis?
Thanks,
Wm
Daniel Mendez
Cash Flow: How much should I save?
Good evening BP, What percentage of your cash flow do you save for tax purposes?
Ashton Ferrazzo
Depreciation = 0 Taxes (Conceivably)??
Hello folks!Can someone tell me if I am thinking of depreciation and write-offs in the correct manner for rental properties? I was trying to envision a scenario where someone could potentially have (close to) $0 tax l...
Steve S.
Tax question on rental income
I'm trying to get a better understanding of how much of my rental profit I may be able to keep. If my AGI is $150,000 and my rental profit is $24,000 for the year, after paying the PITI and expenses, in a rough estim...
Masashi Borges-Silva
How to Calculate Property Tax in NYC
First of all, I am still new to this forum and REI, and I am doing my own research about REI One of many questions that I have in REI is how do you accurately estimate the property tax that you might potentially buy? ...
Buddy Holmes
Georgia Non Resident Long Term Capital Gains
I am selling a home in Georgia as a non Resident.I am told a 3% of Cap Gaines will be with held for the GA IRS.I read that GA Capital Gaines tax is 6% and they seems to be no Long term/short term differential.I unders...
Allan C.
how are LLC withdrawals beyond capital basis taxed?
I have a multi-member LLC that hold several properties and we refinanced our portfolio. Due to appreciation, the refi loan amount exceeds the capital basis of the LLC. If the members withdraw funds beyond the capital ...
Account Closed
Zero Capital Gains for lowest income brackets
Seller is single and reports W-2 income of $10K. Property being sold is non owner occupied inherited property, owned 10 years. Never treated as income property as it was always vacant. Property basis is $100K, prop...