I need help understanding real estate taxe benefits
Here is an example
purchase price 550k
down payment 55k (owner occupied) 10%
interest rate: 3%
amortization: 25years
monthly payment - 2415.19
1250$ a month t...
Hello guys,While I've listened to many bigger pockets podcasts, I'm new to the community and this is my first post. At 30 years old and after a long educational journey to become a doctor, I'm finally at the point in ...
Hi everyone,What are some of the best websites/ books that outline the tax benefits/ loopholes of having and investment property specifically for STR? Thank you!
Hoping to get some insight from anyone that has experience handling carry-forward loss. I have a property with several hundred thousand in carry-forward loss. I don't plan on selling the property. I am wondering if I ...
Hey Guys, So I’m a noob & trying to learn everyday. What I’ve been trying to understand is how Real Estate is so great for taxes. I’m planning on getting a rental property & was wondering what tax benefits do ...
Could someone please put in layman's terms the tax advantages that a Real Estate Professional enjoys in real estate investing? Thanks.
Hey everyone, we are looking for some clarification or advice on maximizing the tax benefits on a short term rental. We are in the process of purchasing our first property, just narrowing it down right now. We both ha...
Hey I am a D1 baseball player that is going to buy a house in my college town to house hack for the next 2 years. I was wondering if my dad who is co-signing on the loan with me would get any tax benefits from the pro...
Hey there BP Nation! So I've been doing my research, taking in as much as I can and I hear of the many tax right offs and benefits to real estate investing, but there isn't much detail. Now understand I just turned tw...
What are the tax benefits of having my company own the property instead of me owning it? How can a LLC save me money on taxes?