Andrew B.
Seller's Capital Gains Tax on Sale
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...
Tobey Humphries
Taxes after selling a rental property
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'...
Dan Cahill
Combining IRA funds with non-IRA funds to purchase single property
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 ...
Scott Esmail
Double taxation for foreign nationals ( Canadian investor)
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...
Timothy W Hanson
Will rental investments increase my W2 tax return?
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...
Eliot M.
Advice Needed on Flip or BRRRR. House won't sell due to neighbor
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...
Thomas Lorini
BP Newbie - Looking for Advice/Input on a Recent Purchase!
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...
Terry Lao
To sell or not > greater than 10 year cashflow plus principal pay
I have developed an two part equation to help decide to sell or not. Please comment.1. Is net sales price greater than 10 years net cashflow and principal equity payments? For example, net cashflow of $500 per month a...
Jordan Holt
Central NY - Syracuse area Property Taxes
Hello Everyone,
My name is Jordan and I had a question about property taxes...first a little background. My wife and I are looking to enter the real estate investment field through an FHA loan. We have ~$6k...
Michael Baffuto
Union City, Nj, Tax Assesment, Multi Family
Hi All,
How does a tax assessment work when you close on a property? I called the union city, NJ tax assessor and he basically said that they assess any home that gets purchased. My realtor is saying that’s not the c...