Danielle Levins
Preforeclosure Buyout Strategy
Forgive me if this has been asked already, I couldn’t find a similar thread in this forum. Im considering a strategy that includes approaching homeowners who are listed on the tax deed and mortgage foreclosure auction...
Mike Reynolds
In laymens terms please
I have a question that I cant seem to get answered just right from my broker. A search has turned up nada here too. Lets say I make 50k/year and have an IRA also at 50k just to keep it simple. If I do nothing I pay ta...
Jim T.
Overpaying State Income Tax and 1099-G
If one overpays the state income tax, they receive a 1099-G the following year for the refund amount. This makes sense since you were able to deduct all that was deducted rather than just what was ultimately owed. If...
Brandon Yuan
Seller Tax Return Filing for the property in Due Diligence?
In commercial deals (apartment/storage, etc), Do you require Seller to provide tax return filing for the property as part of your due diligence document? And how realistic is it for Seller to be willing to provide it?...
Buddy Holmes
offset of property sale gains with passive RE losses
I have a tax question about passive RE losses and LTCG's from sale of passive RE investments.Specifically this year I have a small cash out of a 1031 exchange of DST'S (Delaware Statutory Trust).I have net passive los...
Tae Kim
What to do with Capital Pre-Real Estate Investment
Hi guys -Wanted to get your advice and/or personal experiences on how to properly save and grow your capital prior to making your first real estate investment. As a little background on me and my current financial pos...
Flavio Espinal
Capital Gain into a New Rental
Hi BPs,If I flipped a property, and use the entire gains from the sale to buy another property but that second property I decided to do buy and hold.Do i still have to pay taxes on the capital gains from the first pro...
William Floyd
Deed of Trust
I am interested in a Tax Sale coming up soon, for a specific property. I know there is a Deed of Trust, and existing mortgage on the Property.1. If I were to successfully purchase the property via the tax sale, what ...
Neil Schall
Newbie Investor tax strategy
Hello Bigger Pockets, I'm looking for tax planning advice for starting out and I want to jump into both fix and flip and rental. I am currently working on a deal for two properties with a private seller who will fi...
Reginald Guercin
First Time Real Estate Investing
Hello Everyone, Name is Reginald and I and currently a real estate agent in the state of Florida. I have been looking the simplest real estate to invest in and have attended so many seminar which have lead me the thin...