Dennis Johnson
LIHTC Properties buy using tax credits
Anyone in this forum have any experience with syndicating LIHTC multifamily properties.
Jon Klaus
Triple witching--tax credits expire today
Agents and brokers, what kind of activity are you seeing today?
I'm not an agent. but I did execute a contract this afternoon on a home I've had for sale since February . Plus 2 others this month.
I've been as...
Kyle O'Connor
Looking for Historic Tax Credit Specialist
My immediate need is someone with experience with Historic rehabilitation tax credits.I own (with partners) a building on the National Register of Historic Places as well as the operating business utilizing the buildi...
Jeremy D.
IRS form 3468 tax credit question
Does anyone know if form 3468 historic rehabilitation tax credits are assignable? I have a large credit this year but not enough of a federal liability to use the entire credit. So i would like to assign the credit ...
Account Closed
Tax credit/deduction on investment property
Hello all,Just bought an investment property. Before you know it, tax season will be fast approaching. I just want to know how do you savvy investors keep track of your expenses? Any tips? Thanks...
Marvin Sanders
Seller Financing and $8K Tax Credit
I'm using a contract for deed to offer seller financing to one of my tenants so that he can claim the $8k tax credit and use it for a downpayment. Do I also need a promissory note? Do I need to file any docs at courth...
Koel Gaylord
house hacking and losing your homestead tax credit
Hello everyone, I have been house hacking sfh's in my neighborhood. I buy a house, move into it and live there for a year. Then I buy another house move into it while renting the previous house out for 400 over mortga...
Matthew Edwards
Reposting an unanswered thread
Hi folks, I have a question about reposting a thread. I posted a question a week ago and it hasn't generated any questions or answers, so I am wondering if I should have put it in a different forum group (ex. Deal Ana...
Jackson Foutch
Applying New Market Tax Credits to Multi-Family and Commercial Properties
Has anyone in the Kansas/Missouri area dealt much with New Market Tax Credits and how they can apply to a property? Secondly, do these credits only apply to properties that offer retail services or can they apply to s...
Taylor Jones
How to pay $0 in taxes on a STR generating over $120K in revenue
Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...