Selling my investment property and looking at a profit of around $300k, wanting to re invest in SFR but what kind of taxes would I be looking at(depending on income bracket) and any ways to avoid?

Hi all. I was just checking in to some land owned by my deceased grandmother and see that a 2013 tax Bill has not been paid. Although 2014 and 2015 were paid (in New Jersey the oldest tax liens have to be paid off fir...

Hi Everyone,Is there a way to avoid the significant impact of Capital Gains Tax on a quick flip and sell project?  I purchased a Triplex which I will be converting into Condos and selling each unit individually.  I lo...

Hello, I am new to the bigger pockets forums as this is my first post!Me and my dad currently flip properties in the philadelphia/south jersey area. The handful of flips we have done in the past have all been long ter...

I decided that I need to start paying taxes on my rental units. Is there anyone in Washington that can tell me about how much they pay in taxes for their rentals? In a few months I'm hoping to have up to four rentals....

Hi,

I've heard that real estate is a decent tax shelter because it allows for a lot a tax write-offs: mortgage interest deduction, building depreciation, deferring capital gains through 1031 exchanges etc.

I'm less...

On my way to accountant.. writing checks that I could have only dreamed of years ago when I started  If I could have only made that amount of money gross I would have thought I died and gone to heaven  LOL... But havi...

I have a crazy question that I wasn't able to find an answer for. What are the options if you have a rental property that is paid in full, but no longer cash flows and no one wants to buy it. For example, lets say y...

Hello,
I flipped a home under my LLC over the past 5 months. I then took proceeds/profit made from the flip and invested it into another flip home. Would this qualify for a 1031 exchange and is there anything I shoul...