we are selling a property (rental for past 7 years) and need some guidance on how to calculate Capital gain and depreciation. Property was purchased for 210.000+closing costs (about 3.000) in 2001. In 2011 it was conv...

Hello BP members, I am new to fix and flipping in the dmv area. I want to know about the taxes involved with fix & flipping. Do you get taxed on what you don't put into a second property or are you taxed on the wh...

Hi,
Does anyone know for certain if the BP BRRRR calculator factors in the tax benefit?I cannot seem to find the information (I have asked Bigger pockets but have not received a reply).Thanks!Paul

On average how much do flippers in New Jersey pay in taxes?  I’ve read that you only have to pay an income tax if it’s your soul income, that seems too good to be true. 

hi - wondering if there is an Equivalent to the 1031 exchange in Canada - or more spec in ONT?Can i defer my Cap Gains to some other item, purchase or method?  Please say YES!!

Hello, I am looking for recommendations for a CPA in Atlanta, GA that has experience with investors that rehab and flip properties.Thanks!

What is the tax rate on an assignment fee received from Title?

more info on section 8 needed in Richmond Virginia ?!

Hey folks, I'm starting to get my feet wet in the rental business and have two properties which are up and running well. I plan to add 3-5 yearly from here out.

Me and a partner have formed an LLC and are deciding if...

Hi folks, I'm looking for ways to offset the taxes that I will owe on W2 income. I came across the short term rental designation that allows for asset depreciation to offset W2 income. This combined with the 100% bonu...