I just sell my fha property which i own for 1 yr and six month, just wonder how much tax to pay or do i have too. I want to use the profit as down deposit on two rehab property.

We have rented our (formerly primary residence) out for the last 7 years.  We did not intend to sell it, but recently found a nice duplex in the path of progress (lots of potential), and have decided to sell the singl...

Seeking some clarity....  If I have an AGI over $150K (lets say 39.6% tax bracket) and I own a rental property with figures as follows:- Annual Rental Income: $40K- Annual Operating Expenses/Mortgage Interest/Deprecia...

I am a newbie, I have not done any deals yet, and I know I will be getting a CPA/bookkeeper; my question is: in general terms how much should I expect to pay in taxes? For instance, if I buy a house with an ARV of ...

After my first year of self-employment, I have found out that the interest rate on underpayments is currently only 3%. Does anyone intentionally not pay quarterlies, knowing that they can invest that money and make m...

I am going to invest on my first flip with a small group of 3 other investors (family/friends). I am wondering how i deal with tax ? Say i make 50k in profits. Do i pay the tax on the 50k and then distribute everyones...

Hello all,My question is not 100% related to buying or selling a piece of real estate but it does relate to financing and getting things in order to purchase my first investment property so I hope it can still get som...

One of my tenants is handy with repairs and I have used him to fix issues in units and turn around units to rent-ready. I claim a deduction for the material expenses which I buy at the store, but the labor I just ...

I’m going to flip houses to supplement my income from being an agent and looking to use 100% of my flip profits to buy rental property. Are there any tax strategies available to avoid paying taxes on my profits since ...

After doing this for 20 years, I have found that the 1031 rule is a potent tool for real estate investment professionals for several reasons.
First, deferring taxes means you can keep growing and diversifying your po...