Hi All,Can anyone shed light on the impact of the latest Tax law changes/reform on rental property owners, if any?Thanks,Piku
Please give me your best advice for STR setup from a distance. How did you find someone to oversee the set up and also be your boots on the ground as needed for emergencies once the rental is ready? Not looking for a ...
Greetings,I am using the BP Rental Calculator help me evaluate potential rental properties, and attempting to be as accurate as possible. I like the fact that it accounts for so many potential expenses. One big expe...
I am currently in the process of purchasing my first duplex and the property comes with an inground pool. It is not functional so instead of fixing it I plan on removing it completely and filling in the area with gras...
We work out of Washington that does not have state taxes. We are looking to invest out of state in USA for remote investing with Roofstock.What should we keep in mind with respect to state taxes? For example, Texas do...
Curious to hear everyone's thoughts on the proposed tax plan from Biden and its impact on multifamily, or real estate in general. A couple highlights from the proposal:#1 Elimination of bonus depreciation
#2 Eliminat...
I have a buyer trying to purchase one of my flipsThe BRRRR is freaking him out the most because of having to claim the income costs as his kids head into college. For their expected family contributions for college co...
Here a good article by Forbes that breaks down a lot of the new stuff in the tax bill.
It clearly mentions real estate at least twice. The author argues that those who sell real estate could be adversely affected ...
My question is this:I know that on a loan is taxed as income. If I'm buying a house (free and clear) from the owner, how is the principal portion of that payment treated (for tax/income purposes) for the LENDER. I'm...
We recently appealed our property tax value, we were successful which lowered our tax due by $8,000/yr. What impact should that have on the value of our commercial property (retail building)? Thanks.