Angela Zaitz
interested in income deferment with tax advantages
I'm planning on retiring in 4-5 years. Any additional income now will push me into the next tax bracket. I am thinking about getting into buying and holding rentals, and possibly syndications that will mature in 5 yea...
Bob Metry
Deprecation Recapture Tax Rate?
How do you determine the the tax rate for depreciation recapture? When you recapture the depreciation when you sell a property, is the recapture tax rate based on your ordinary tax rate at that given time? For example...
Rich Thomas
Positive Cash flow tax rate
Hello,
Im going to be in a situation this coming year of having a positive cash flow from my rental properties and had a question im hoping can be answered on here...
Will my positive cash flow from rental property ...
Ty Moore
Newbie Tax Question
I am planning to purchase a foreclosure this week for $161,000 and put $20,000 into it with the hopes of it appraising around $250,000. My original plan was to flip the property and sell it for a quick $40,000 or so. ...
Craig Steltz
Consequence of capital gains tax
All,
Other than having to pay tax on your capital gains are there any other consequences? Can it raise your tax bracket. or have ony other impact?
If you make $1,000,000 and then pay your tax bracket amount say 25%...
Missy Price
Sale of Rental Property and Capital Gain Taxes
Thank you in advance forum members. I need clarification on how the sale of a rental property would impact my 2018 tax liability. The rental property is in NC where I have no W2-income (currently live in CA). My AGI f...
Bill Mitchell
Wholesaling Income & Taxes
This was my first year wholesaling part time here in DFW. I made a decent chunk of change doing it, about 40k. My question is when it comes to taxes, should I utilize a real estate tax professional at the end of t...
Matthew Ficorilli
Capital gains tax question
I have a question about wholesaling. If I structure my deal with an assignee or do a double close on a deal, is there any way that I have to pay a capital gains tax? Or is it straight income tax? I have an LLC set ...
Jered Collins
Question to recaptured depreciation and capital gains tax
Perhaps this subject has been discussed in depth before but I want to reinvigorate the importance of understanding the effects of recaptured depreciation and capital gains tax on sale of multifamily properties. I've ...
David Arney
March Madness
I can't believe nobody has started talking about this yet.
Who's winning in their brackets? I'm certainly not
go UNC!!