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Ok investors, I've been trying to wrap my head around all these different taxes that rehab/flipping businesses are subject to....cant anyone put the different types into laymans terms or at least point me in the right...
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The quote in the title is from The Associated Press in 2016. Apparently, the government will release redacted DJT taxes soon. I don't know much at this point other than what NY Times wrote about in this article THE PR...
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This topic may be a bit more esoteric than most on this forum, but it does matter to me, and it stands to reason that it might matter to others. I posted a quick comment related to this in another thread and got a th...
The new tax law starting in 1/1/2018 states you’re now capped out at $10,000 for SALT. There is no distinction between investment and home ownership in the law. That means you can’t legally deduct anymore then $10,000...
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Dear All,I'm considering purchasing a property using an interest only HELOC + Conventional loan. It is a 3-family, which after expenses should produce about $360/month (see cost analysis attached). Rents are currentl...
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Hi BP!
Are there realtors/investors here who are investing in a sober living? I'm thinking of starting to invest in this niche.
And if you'll be from PA (and Pittsburgh specifically) that's even better.
Thank you ...
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I currently have a rental property for sale. I spoke to my accountant about doing a 1031 exchange. His advice was pretty simple. I can pay the known tax rate of 15% today or hope that the tax rate doesn't increase and...
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Yesterday I was cleaning out my office and I realized that I hold the only key to my business accounting and operations. I started wondering how my wife or someone else would figure out my investments in the event I ...
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I intend to acquire a LOT of seller financed properties as a result of some of my marketing campaigns.I want my nuclear family, future children, and charitable cause to enjoy/benefit from the properties I amass.Le...
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Good afternoon BiggerPockets!
I will do the norm here and post a new member discussion.
I recently attended the Rich Dad education 3 day seminar on real estate investing and I want to say THANK YOU Bigger Pockets ...