Jesse Davis
Paying taxes on Wholesale fees?
I just completed my first wholesale deal. I want the set aside my taxes. How much should I put aside? Thank you
Robert Shaw
Property Tax In Las Vegas?
Hi! This is my first time posting. Complete newbie here :)
I'm interested in moving to / investing in Las Vegas, looking for a multi-family home. What is the most accurate tax rate I should use to estimate monthly pr...
Katie Hanner
Property Taxes where you are or invest?
I'm just now beginning to feel comfortable considering an out of state investment. Property taxes seem to be a topic of much conversation (I'm in TX)...so I'm curious to do a poll -- what are property tax rates like...
Ekta Patel
When is the time to sell
Hello investors, I purchased the property in tax lien sale in March but it requires more rehab than I can handle. Now it’s under contract for sale. I’m getting some profit out of it. Is there different tax bracket if ...
Joe Matthews
How do taxes work on a multi family home?
Looking into multi family in other states specifically Midwest, New England, Texas and Carolinas. My question is how does tax structure work on multi family homes? Is it taxed as one or taxed per individual unit?
Bruce Clark
Setting up a deal. Want to maximize tax benefits.
My partner and I currently own and operate an LLC that owns and manages several residential rental units.We were recently approached by an individual who wanted to invest in real estate. We formed an agreement that my...
William C.
Cost seg depreciation recapture model
Can anyone quickly share a math model of a the depreciation recapture scenario below? Thanks in advance for considering.
Purchased a home for $700k
Completed $25k in renovations
Completed a cost seg study (80% bonu...
Galit Garsiel
How does capital gains tax on real estate work?
When you sell a house, buy a new one, flip, and sell, when do you pay capital gains tax on real estate? When you buy the new house, or when you sell the new house? (After selling the first house, that is).
Roman Rytov
Any risk with segregating the cost for accelerated depreciation?
Purchased my first commercial (Industrial) building and planning to segregate the cost to accelerate depreciation. Considering engaging a 3rd party company with their engineer visiting the place. Any disadvantages wit...
Buddy Holmes
Georgia Non Resident Long Term Capital Gains
I am selling a home in Georgia as a non Resident.I am told a 3% of Cap Gaines will be with held for the GA IRS.I read that GA Capital Gaines tax is 6% and they seems to be no Long term/short term differential.I unders...