The biggest real estate tax deduction is coming back. That’s right—100% bonus depreciation is almost cleared for a triumphant return as the House pushed a new tax bill to the Senate, one that includes some massive tax...
Hi,So here's the story, about 4 years ago I had helped my mom get a home loan under my name. The reason was that at the time, she was just starting to establish her business and she couldn't get a good interest rate. ...
Hi, thank you for reading this,I have a low performing STR, on which I have incurred losses in 2023. From this Dennis Karlton video: https://www.youtube.com/watch?v=yfz6kyw3W7k&t=692s; I've taken away that:1. Loss...
Want to pay less money to the IRS in 2024? We’ve got the real estate tax strategies to help you do just that. And get this—you don’t need a large real estate portfolio to benefit from these money-saving tax tips!
W...
With 2024 right around the corner, it’s time for a final year-end tax planning push! There are all kinds of ways to pay less to the IRS, and today’s guest is here to help you save as much money as possible!
Welcome...
The treasury dept and IRS just released the final set of regulations for the popular 100% bonus depreciation schedule. And great news for the Real Estate pros trying to avoid taxes... the “placed in service” date was ...
So my wife and I went on a Disney Cruise last week. While on our trip we met a family from the Dayton OH area who, in addition to owning an HVAC business, owns 20 doors in that area. We are in the Charlotte NC area an...
Hi I just went in to contract on my first fix & flip in Scranton Pennsylvania, and I am looking for straragies how to avoid paying big taxes for the capital gains, (beside of deducting of the expances).I heard tha...
How much of your profits are eaten up by income taxes on rent paid each year?? I know you get deductions for depreciation, and maintenance but even after that, it seems like any profits would be eaten up and possibly ...