First of all thank you in advance for your time and willingness to listen and share your ideas, suggestions, positive critiques! I also apologize in advance for my noobness.
I will try to keep the story brief and ge...
Have you ever wondered if you’re paying too much in taxes? For buildings that are mixed-use meaning to have areas that qualify as both commercial and residential spaces, the tax law can be even more complex and confus...
Real estate is an investment vehicle that comes with a lot of tax benefits which is why it is so attractive to investors. However, understanding the tax benefits and really grasping the difference between tax deductio...
Trying to decide which way to go, many questions to answer. But what are your thoughts.Is there a low season in short rental? More probable to get the place trashed? Repairs ? Etc. Let me know your experience.
I'm curious to learn who here looks at income taxes they way I do.
I want to reduce my tax burden as much as I can but increase my tax liability as much as I can.
If that seems to be a conflicting posit...
Hey BP, I had a question on saving for expenses. I understand from the podcast and reading how important it is to account and save for Vacancy, Repairs, and CapEx Expenditures in Buy and Hold Rentals. The BP calculato...
I would like to refinance my nearly 5% interest rate on a multi family duplex that has $85K and 15+ yrs remaining on the mortgage. I can’t find a competitive rate when factoring rates and closing costs because it’s a ...
Does anyone have any experience using oil and gas tax deductions (Intangible Drilling Costs: 100% tax deductible during the first year and tangible Drilling Costs: 100% tax deductible) to reduce tax liability against ...
I've previously found cost segregation studies to be highly beneficial, particularly as a strategy to offset taxable income from both my full-time employment and rental properties. These studies have enabled me to tak...
Hey all,I have an accountant but I like to throw my general questions in here. I do my Quikbooks and just send to my accountant during tax season. I still have to split up all the payments for the mortgage in 2018. It...