Rian Ash
How to create Tax free income for investors
Hi There,I am looking at raising some capital to buy rental properties (already have 6 in Bay area/Northern California) and the numbers only work if the interest I pay to my investors is Tax-Free for them. Can anyone ...
Piper Mullins
Sch E Deductions without income on 2018 taxes?
Hello all, I'm a new investor with a property that has taken longer to renovate than expected (thank you, cold January and burst pipes). We have I have Craigslist ads and emails looking for renters in 2018 (so it's b...
Cory Waxman
Income Tax Free State treatment for California Buyers
I have a buyer looking to purchase investment property via 1031 exchange in Nevada (income tax free state). Can a California buyer avoid paying income tax on rental income in Nevada or report and pay in California?
Jameson Sullivan
Rental Income Taxes When Using LOC to Purchase
Hello All!I'm wondering if anyone might have an answer on this for me. If I purchase an asset with cash, then borrow a line of credit against it to purchase a second asset then use 100% of rents collected from BOTH as...
Scott Brooks
Wisconsin state income tax lien extinguished by foreclosure?
Hello all, I'm in the state of Wisconsin and needing to know if a Wisconsin state income tax lien (junior to the foreclosing mortgage lien) will be extinguished by the foreclosure. I'm assuming that there won't be en...
Mike Miller
Intent To Rent: Capital gains vs Income Tax?
Hi All,I’ve been tossing over in my mind my current situation. I buy SFRs and use the rent-to-own model with them. My model is a little different in the sense that I treat the house more like a rental. Here’s a few ex...
J Reid
Avoiding City Wage Tax- High Income w/Duplex
Hey All,
I currently live in Delaware where I pay a modest amount of taxes. I own the property here and will be renting it out during the coming months.
The house in buying is a duplex in the Philadelphia, and I wa...
Rob Bergeron
Ky. House passes bill cutting state income tax
https://spectrumnews1.com/ky/l...This should drive a lot of big business into the state, similar to what you are seeing in Texas.
Xiang Zhang
How is out-of-state LLC income taxed
I'm a resident in California and living in California, and I have an Indiana LLC that invests in real estates in a crowdfunding commerical real estate projects in Texas. Since Texas does not have state income tax, how...
Arnaud Petel
Use of tax deductions on your personal income
Hi all,I am starting my real estate investment journey and am trying to understand the impact of tax deductions. Based on my calculations my first rental property will not be profitable from a tax standpoint after all...