Eric Smith
Looking to Move and Invest in Rhode Island
I figured it was time to just raise my hand and see who wants to connect. My two biggest goals in the next 6 - 12 months are to a) move to the Westerly area of Rhode Island and b) find some multifamily properties in ...
Tobey Humphries
Taxes after selling a rental property
Team BB,How much money should I hold onto from the sale to prepare for tax time? I had a tax question I was hoping you could answer about a rental that I've recently sold (did not do a 1031). There's three places I'...
Domingo Cano
Capital gain question
Hi guys i have a question for everyone and hopefully someone can help me out about me selling my home. I bought the home in February of 2017 and i rented it out in November of 2019. My tenants are moving out this end ...
Adam Harper
New occupancy tax for STR in Cape Cod MA
Starting Jan 2019, STR in Cape Cod, MA will be imposed occupancy tax, 14.45% in Province Town, 12.45% in Truro and Wellfleet. The tax meant to pass on to vacationers. Do you think this new tax will stop vacationers co...
Damian Johnson
Property Tax Sales Listings
Good Afternoon,What is the benefit (if there is one) to using lists for people that are about to lose their home for not paying property taxes as a strategy for finding motivated sellers?
Lijuan Wei
mortgage note interested income tax too high？
Sold my rental house owner financing last year. This year’s mortgage note interested income is $4312. After put it in turbo tax. 700was charged for federal and state tax together. Does that sound right? I feel like th...
Roberto Westerband
LLC taxed as S-Corporation - Tax Provisions
If an LLC elects to be taxed as an S-Corporation, what are the specific tax provisions that would need to be included in the Operating Agreement in order for that tax status to hold in court down the road? Thanks
Mike Scott-Smith
Managed Property Georgia Rental Income Tax Question
Hello Bigger Pockets Family,I have been away for a while for personal reasons. My wife and I need some help, hopefully from someone not a Georgia resident but owns rental property in the state of Georgia.We are looki...
Matt Johnson
Capital gains on primary residence question
Hello all,
Reading through the forums and am learning a lot. Seeing if anybody has any out of the box advice
Bought my first house 12 years ago for $398k, fixed it up and sold it last year for 1.225 mil. It was my...
George P.
SDIRA - several weird questions
I have a few specific questions about SD RothIRA, perhaps someone can chime in...
1. When I purchase the tax lien OTC, will the custodian (I am leaning towards Equity Trust) send the check to me or the Tax Department...