Germán Rimoldi
Tax Breaks Investing OVERSEAS
Both income tax paid overseas for the capital earning and rental income can be used as a tax break. Income tax paid to the foreign can either be deducted or applied as a tax credit when filing your taxes in the US. Fo...
Julio Gonzalez
Don't miss out on the Work Opportunity Tax Credit (WOTC)
Did you know that there’s a tax credit available to employers that hire employees from specific target groups that may otherwise experience significant barriers to employment? This is known as the Work Opportunity Tax...
Marc M.
Tax Credits to Fund Rehab - NPS, NMTC, etc?
Does anyone have experience using the Historic Preservation Federal Tax Credit to rehab a historic building? I am looking into different funding models to rehab a 1927 two-story brick building in Detroit, and wonderin...
Jairo Freyre
Section 8 apartment/elderly home with a 16.40% Cap Rate??!!!!!
A friend and I frequently browse through loopnet to analyze deals on properties as practice should we ever decide to pull the trigger and we ran across a $1.4 million dollar 30 unit property in Florida with a cap rate...
Laura Janosko
Yes you can get started in affordable housing
In the forums, I've seen some confusion about how affordable housing is defined. For some it means anything below market rate and for others it means LIHTC or Section 8. From a lending perspective, affordable housing ...
J.R. Coffin
Historic Tax Credit Calculations
Looking at two properties up in Newburgh, NY this week - both 3 families that should cashflow easily. However one is about 100k higher in price with turnkey finishes and grandfathered in historic tax credit. Does any ...
Richard Koss
Buying first home, need some advice, MCC tax credits
I currently live in Colorado in the Boulder area and run a tree service. My fiance and myself are looking at buying our first home to live in for a few years 3-5 and then rent out. The asking price for the home is $1...
Cody Barna
Do Fully Disabled Veterans Receive a Property Tax Credit in NH
Hey BP,Would a fully disabled veteran be eligible to receive a 100% Property tax credit when purchasing a primary residence in New Hampshire?I've been trying to find information regarding this topic, if anyone has exp...
J. Mitchell Bernier
New HUD Nominee: Great News for Housing Affordability
Recently Trump has announced the nomination of Scott Turner to be the new Secretary of the Dept of Housing and Urban Development, HUD. If you are not familiar with Scott, Scott was the Executive Director of the Opport...
Bryen Blankenship
Richland County SC Property Taxes
I'm looking to purchase a duplex in Columbia, but I'm concerned about the property taxes. Are the properties taxes based solely on the sale price? Here are the numbers:Sale Price $435,0002019 Property Taxes $5108.42Be...