Nathan Letourneau
Year end purchase of equipment and tax implications
I am a fix and flip and buy and hold investor. This year my fix and flip income was better than average and will bump my income into the next tax bracket. I am thinking about purchasing a used skid steer and trailer...
Anthony Z.
Can real-estate deductions be applied to W4 income?
When listening to the BP podcasts I often hear about different tax benefits such as:Itemized deductions related to acquiring/managing propertiesHome depreciation tax write offDo these things lower the tax bracket of t...
Scott L.
Where to advertise/post a 44 property SFH portfolio for sale?
Looking for the forums help in understanding all of the different avenues you would be exploring if you were me in posting this portfolio for sale. I have been investing/building this sfh canton ohio portfolio since 2...
Steven Libman
Paying Less Taxes via Commercial Investment
You Too Can Pay Less in Taxes!
When I first started my entrepreneurial journey, I used to think of CPAs, accountants, and the IRS as the necessary evil that I just have to deal with. Ten years later, I understan...
Account Closed
1031 Exchange- Make sense?
Hey there,
I was wondering at what point a 1031 makes sense? I have a property which is the first I've held over a year. Someone told me to consider a 1031, but is it worth it if the profits are only 40K?
Andrew P.
2 Partner LLC and paying Taxes
Hi All,We own 23 units which are starting to turn a profit. There are two of us that own the properties in a LLC (also the %ownership is not 50:50). How does everyone go about paying taxes? Do you take the total out o...
Daniel Dietz
Does it ever make sense to go from ROTH to Traditional?
Hello All, I have been having good results with investing in buy-n-hold rentals using my ROTH SDIRA, SOLO401K and regular 'cash' investing. To me they each have their place when looking at goals; a combination of some...
Gina Russoniello Tiwari
STR Newbies - Running the numbers & TAXES in particular
Hello wonderful BP community, Spouse and I are looking to get started in the STR business. We are new to RE investing in general (so far our only RE holding is a passive LP interest in a RE fund). We are trying to fol...
Destiny Mix
Opportunity Zones Chattanooga
Hi everyone! I’m a new investor in the Chattanooga area. I just learned about opportunity zones, and I’m wondering if I could use them to build my portfolio. However, I’m nervous because these are areas I would typica...
Kyle Thompson
Cost Seg Questions
Nooby here. I'm trying to under stand Cost Segregation better. I have two questions. 1)I was reading an article that gave the following example:
"John Doe has $200k of taxable income on his W2 and buys an $800k 6-uni...