The Bigger Pockets buy & hold analysis calculator does not take into account the tax benefit of long term ownership, which is substantial.
When presenting the analysis to someone not aware of tax benefits, that ...
4 members of our family would like to invest in 4 rental properties using leverage (mortgage). For this reason I think an LLC or legal entity is going to be a challenge and we would like the tax benefits of individual...
Is it a good idea to open a corporation in another state, say Nevada? For tax benefits because opening in Chicago would be too expensive.?
1. What are the tax implications of being personally on the title of a home (along with 3 others) vs. through ownership of an LLC that holds the title? What has better tax benefits? Since this is a rental property, wi...
I'm wondering, with all the tax benefits to REI, what is everyone seeing as their annual tax responsibility? I know everyone will have something different, but I'm currently a W2 employee paying high tax and am trying...
The Tax Cuts and Jobs Act included a new federal incentive—Opportunity Zones—meant to spur investment in undercapitalized communities. Any corporation or individual with capital gains can qualify. The program provides...
Hey BP,
I've been trying to find answers for a while about structuring multi family deals for tax purposes. I don't know why it's just coming to me now to ask the BP community. Any information helps. Currently residi...
Here is a less than optimistic take on Opportunity Zones:https://www.forbes.com/sites/peterjreilly/2019/02/22/opportunity-zones-look-great-for-everybody-except-investors/Summary:meh for investorsgreat for those who ow...
I know I need to verify tax information through a CPA or accountant but I wanted to ask here anyway. If you are investing as part of one of the real estate companies out there, like Open Door Capital, do you get the s...
My wife and I make a combined income of nearly 300k in our W-2 job. We don't own any property and are getting killed in taxes. Last year we paid about 60k in taxes alone. Our accountant said that buying a 4-Plex apar...