I think my property taxes are to high and I think I need a lawyer, maybe. So my property is in Columbus, Ohio area and when I built I was quoted a tax rate of 3k. Now my taxes are 6k. When I called the town I was basi...
We're in the process of purchasing our first rental property in San Diego (2 detached units with 3 beds & 2 bath each) and close at the end of April. We just had an inspection done and went back to the seller to s...
Team BB,How much money should I hold onto from the sale to prepare for tax time? I had a tax question I was hoping you could answer about a rental that I've recently sold (did not do a 1031). There's three places I'...
I know an IRA can be used to purchase real estate, but can I combine IRA funds with non-IRA funds to buy a single property? I.e. I would see it as a partnership from a tax perspective, with IRA owning a portion, and ...
Hello,I am wondering if anyone knows the answer to this, I am a Canadian citizen with many single family houses that I own in my Florida LLP, I am currently using the structure of paying taxes from the the profits fro...
Hello Bigger Pockets!
I will be closing on my first investment property next week, it is a 4-plex that will cash flow about $700 per month after all expenses including tax escrow, (etc. even including mowing service...
Hi everybody. This is a continuation of a thread I started last year about my neighbor screwing up my flip:https://www.biggerpockets.com/forums/67/topics/373...Well my flip is still on the market and I’ve had multitu...
Greetings BP colleagues!Being a new BP member I thought I would seek some INPUT/ADVICE from other members on a recent purchase I did....wish I was a member sooner to ask before I closed.So I just closed on property (6...
I'm looking at a market that could be considered dysfunctional because of
the property tax rate being so high. Realtors are saying that it is
essentially frozen because nobody wants to pay more than the assessed
...
If I am married filing jointly and we make $250,000 income during 2018 and then sell an asset for $750,000 Long Term Capital Gains, what will be the tax rate on the capital gains?Trying to understand:1) Are Long Term ...