Below is a question I have asked my accountant, but haven't really been able to get an answer that I can comprehend.  Generally I am trying to understand whether it makes sense to capture renovation costs at the sale ...

I wanted to see if anyone has been able to (legally) avoid paying self employment taxes on the profit from their flips. I met with an accountant and he said I would have to pay a 15% tax for self employment - essentia...

Hi, I live in San Diego, CA but am going to start buying rental property in Texas. Is there anything I need to know about this? Like do I need a business license to buy rental properties in Texas?I am just an individu...

I own a rental condo that I used to previously occupy. My income from rental property is largely offset due to depreciation. However, I can not show loss against my active income as my joint income is well above th...

When you are evaluating a new real estate investment, what do you consider to be a "reasonable" annual cost for property taxes?

I know there are a lot of factors that can go into the determination of a property's ann...

Does anyone know the tax implications when selling your own investment property when you are a real estate agent?  I always thought it was just long term capital gains but I was told recently that since my wife and I ...

Hello everyone!I was shocked to learn that the tax implications of flipping property in New Jersey could make it cost prohibitive (eat of most or all of the profit). Are there any New Jersey season investors that coul...

Hey Guys, quick question regarding the taxes I will pay on wholesale fees.      I plan to have a separate SMLLC for my wholesale business. This LLC will be taxed as a sole proprietorship starting out. What are all the...

Does anyone know the steps to take in regard to appealing my property taxes?

Prices have plumeted here in Las Vegas, but my taxes haven't gone down. Any information would be greatly appreciated.

Vegas

Hello community, I am a new investor and I would like to invest in multiple turnkey rental properties. First I would like to compare and narrow down the markers which are great for profitable rental properties and fit...