Loren Neufeld
Investing in high prop tax state without the income tax benefits?
I currently am living in CA and just cashed out my investment property and am looking for a new market to invest in. My goal is to start buying and holding a portfolio of cash flowing properties through BRRRR method t...
Loren Neufeld
Investing in high prop tax state without the income tax benefits?
I currently am living in CA and just cashed out my investment property and am looking for a new market to invest in. My goal is to start buying and holding a portfolio of cash flowing properties through BRRRR method t...
George P.
Tax lien -> foreclosure -> quick sale of the property ... Income Tax Liability?
Situation... tax lien purchased with the intention to passively earn the interest (btw interest is taxed as regular income). Fast forward 1 1/2 years, the tax lien is not redeemed and the underlying property is acqui...
Ryan Easley
New Tax Strategy - QO Funds - Defer income & tax (even 2017)
I have been closely following the developments around Qualified Opportunity Funds/Zones for the last bit now. Everyone has pretty much been on hold until we get more guidance from the IRS; but, yesterday they updated...
Ike Mouser
Wrap around mortgage income taxable?
I was considering becoming an expert in wrapping SFH's as my start in RE, but have a few questions? Typical rental income is usually not taxable when all deductions are accounted for. Given that wraps dont have the ...
Samantha Fairbairn
WA Rental Property Income Taxable?
Hi Everyone, I am currently creating invoices for a commercial rental property. Is WA states rental income taxable? (i.e. should I charge tenants the tax?)Thank you for all of your help.Best Wishes, Sammie
Myles Salazar
How to estimate a property tax if there is no income tax
I know in certain areas if there is no state income tax, then the property tax is usually higher. Should I approach finding the property tax as if it was a state with income tax? i.e. using the 10% rule to evaluate if...
Andrew Farland
What states have the lowest combined prop tax and income tax rts?
Hey everyone! I’m new to the BP community! It seems like a great way to get started finding a property is to locate places with both zero to low property tax as well as picking a state with zero to low income tax! I’m...
Dima Sereda
Filing Income Taxes for a Fictitious Name Business
Hi there. I am in the beginning stages of setting up my real estate business and have filed for an FBN to get started. I am not ready to start an LLC or an S corp at this time and will not until I have done at least a...
Chris Latham
California income Tax Return and IRS 1040 Preparation
Our CPA Tax guy in Covina, California is reasonable and specializes in Real Estate. But he has not been able to prepare my Tax Return for 2017. Now, it's September and I really need to get it done because Covered Ca...