Raj Gandhi
Shift taxable personal income to business
For purposes of reducing my personal taxable income, is it effective to run rental income & expenses through a business? I need some of the rental income for personal household expenses which would be a salary (r...
Sheri R.
RENT AND REPORT OR NOT
I will be paying cash. He will live in the house alone. I will be paying the tax and insurance. Hopefully he will be able to reimburse me for my expense by making monthly payments to me. I am unsure whether I should r...
Jon Gorham
Texas REI - Property Taxes
Hello BP community,I’m looking into buy & hold properties in the Dallas Ft. Worth area, but I’m concerned about the high property taxes in Texas. Can anyone tell me about the “basic homestead exemption”? I’d like ...
Samuel DeMass
Capital Gains - Simplified
Hey BP,I'm having a hard time visualizing the taxable capital gains on the backside of owning a property.Here's an example to help simplify my question:What gets taxed when you sell a property?Lets assume the property...
Heather Lambert
Cash Flowing Rentals- Is it possible in the Current Market?
What are some strategies to make rentals cash flow with current rates?
Rashad K.
Rentals Brrr strategy
I have been thinking about the brrr strategy ( buy, rehab , rent, refi , repeat) . What are some ways to force appreciation with multi-family properties? I understand the concept for single family homes but when it c...
Marcia Maynard
Non-Contact Infrared Themometers
I recently became aware of the benefits of owning and using a non-contact infrared thermometer. Here is a great link from the NDSU Extension office:"A simple way homeowners can check their homes for heat loss is with ...
Brian Davis
STR tax benefits for small business owner
Hello,I wanted to try to fully understand what the tax benefits are for someone who is looking to get into STR investing and trying to navigate tax benefits.Basically my family has a small business that I am part owne...
Ron Robin
Please critique my 1st deal
Closing in a few days and getting little nervous.
All cash deal, mainly looking for cash flow because I no longer can work a full time job for reasons I won't go into.
The house has a new roof (about 3 years old)...
Jason Frink
Out of state investing tax benefits.
Hi BP Family,I live in California and am about to start investing out of state. I have a CPA that I've used for years but when I brought up the investment to him he said my wife and I combined make too much money so t...