Min Liang
2018 tax return write off
Hi ya!I have a question regards to tax return for 2018... since u can’t itemized on personal return... people r getting very lil back.. is there any write off DOs & DON’Ts on investment property for 2018?
Allison T.
Tax re-assessment in Atlantic City
Hi, I am looking into Atlantic City now for multi-family housings.Property tax is so high in the city compared to the current market value of the properties.For any of you who are experienced in this, how easy is it f...
Greg D.
Deduct state sales tax on a flip?
I sold an investment property in 2015. Maine withheld a 2.5% non-resident tax at closing. Can this expense be deducted / added to the cost basis?
Issac Kao
Adding owner to reduce Home Sale Tax on capital gain
I plan on selling my house to downsize and move out of state. If I sell the house now the capital gain would be around $700-800k. Being married, we would take $500k off that gain, with still a decent chunk left. I've ...
Ryan McNeill
Mixed use building with historic tax credits - Good deal?
I have an opportunity that looks promising upon initial calculations, but I want to make sure I'm not missing anything. Another investor who currently owns a building is asking if I want to partner up on the deal. T...
Joseph James
Property Tax appealing in Miami, worth it/recommendations?
Hello, all. I have about 25 doors or so in Miami area, spread out over the city (duplexes, quads, condos). As the members here may know, Miami is terrible when it comes to property taxes, & mine have gone up con...
Vittal Premachandran
Solar Tax Credit While House Hacking
I will be house hacking my primary home and I am wondering that are the implications on Solar tax credit and bonus depreciation?
- Can I take the full 30% solar tax credit if I house hack a portion of the house? If n...
Matt Ashbrook
Property Tax Increased 282%, What Can I Do?
I have a triplex in Tampa, FL that I BRRRR'd minus the pulling the money out (yet) about a year ago. I just got the property tax assessment, and the property taxes have increased from ~$1700 to ~$6500 yearly. 282% i...
Joseph Shapiro
Should I SELL or KEEP this building?
Fellow investors,
I purchased an 18 unit building in a major US city some 4 years ago. I stand to net about $800K (after fees, but before taxes if I were to sell it today Would you sell this C class property in a n...
Cynthia Oistad
Should we reduce rent if tenants sign extended lease?
Our Anchorage-based single family home tenants' lease is up in May 2020. They have indicated they are going to save up for a down payment on a new house and would like to rent two more years. Yay! They have asked i...