Andy Bondhus
House hacking tax implication
In a couple of months, my wife and I will be closing on a duplex we plan to house hack. I understand that we can only claim 50% of the deductions while we're house hacking. My question is how to handle the depreciat...
Alex Rozenfeld
Foreign Investor Tax Implications
Hello BP community,
I was hoping you can help me with a few questions about tax planning for foreign investor in real estate. I'm going to buy an apartment building with foreign equity partner and want to ma...
Hunter Preston
Tax Implications for BRRRR?
I'm curious what the differences are for tax implications for a straight flip vs. a BRRRR? My understanding is that any profits from a flip will be taxed at my personal current tax rate as income. However, if I'm refi...
Cody Brinkman
Tax implications for benificiary
Hello BP,I am have been made aware of a potentially life changing deal and I need some specific tax info. A gentleman was introduced to me through a family member that has a large portfolio of apartment buildings has ...
Aashiq Dheeraj
Condominium Deconversion Tax Implications
Hi All, My primary residence is a condominium that may be "deconverted" into apartments. There is an institutional investor looking to purchase my entire building, and if 75% of residents agree to the sale, everyone m...
Joseph Hammel
Future move tax implications.
Hello BP community. In a few years I may move to Wisconsin from Minnesota to be closer to my wife's family. All my rentals are in Minnesota. Most are in my name and a few are in a LLC in my name. The LLC ones just "fl...
Nick Redding
BRRR Property Tax Implications
Hi All, I have a couple Columbia, South Carolina properties I am thinking about refinancing to get some cash out. I am trying to figure out what the new tax value would be so I can recalculate the proposed cash flow. ...
Brian Kohtz
First Rental Tax Implications
Hello all. My wife and I finally found our path to our first rental! We bought a new primary house in November and had a rental contract on our old house that started Jan.1 2025. I plan to consult a tax professional...
Bryce Bender
STR tax implications and mitigating tax impact
Hi all,I have been using my basement as an STR house hack for about 2 months, currently I'm only listing on AirBnB. It's done much better than I predicted (due to the summer months probably) and I want to ensure I hav...
Seetha G
Selling Now - Tax Year Implication
Hello AllI understand that in general there is a 6 month period to close the replacement property. However if i sell now is there any restriction on closing the replacement properties before end of the 2016 tax year?A...