Christian Clark
How to Budget Property Taxes
Hi BP,Another quick question as I continue my journey towards first purchase. How do you seasoned investors budget taxes?In CA, it seemed like purchase price became the new basis for property tax, but in Columbus and ...
Gail W.
House Hack Tax Questions
Hello all! We have a unique opportunity to purchase 2 homes on 1 lot. It's a large parcel that used to be 2 separate APN lots, but was made into one. There is a primary house on one side, and a smaller house at the ot...
Francis I.
New House Construction on Battle Axe Lot
Hello everyone!I have an investment property which I recently purchased in June this year that sits on a huge lot (about 3.13 acres) and I would like to subdivide the lot into two in order to build a new house on the ...
Tyler Gauthier
Novice Investor Needs Advice
Hey BP!My name is Tyler, and I am a novice rei in the Lafayette Louisiana market. I've been interested in, studying, and attempting to practice real estate investing for a few months now. I've come to a bump in the ro...
Ray Hayward
Tax Impact when rehabbing historic building
Hello, a partner and I are looking to rehab an old mill and turn the building into an apartment building. How can we determine property tax for our balance sheet once rehab is done and renting 25 units? Will the pr...
Kumar Gaurav
Impact of upgrades on tax/depreciation
Hello,I am trying to wrap my head around the concept of depreciation. Let's say I upgrade my HVAC to replace old if install new condensation units worth $10000 just for the sake of numbers, how does it impact my depre...
Michael G.
Tax impact of a court judgement
I have a court judgement against a former tenant for unpaid rent and damages. How do I include this in my tax return if at all? I assume I can only claim for the assessed damages portion, as I have yet to complete ful...
John M.
tax bill impact on investment properties
seems under new tax bill..you cannot deduct investment property's mortgage interest from your tax bill. Only primary residence mortgage interest can be deducted. And no interest deduction for equity loan.https://www.f...
Navid A.
How does BRRRR impact property taxes?
Curious as to how BRRRR impacts property taxes upon completion of a rehab and refi. To clarify my question:Property is bought at $50,000 with a tax value of $60,000. Upon a successful rehab and forced appreciation, th...
Rich V.
Trump's Tax Plan - Impact on Investors?
Hey BP Family - There was an awesome blog post today that was blasted out on the BiggerPockets newsletter that was written by @Brian Davis. I'm a CPA and really enjoyed Brian's post. I'm interested as to what our comm...