Nader Hachem
Estimating Non Homestead Property Taxes
Hey all,i've been looking to see how to estimate property taxes for running my numbers. I don't want to rely on the #s that show up in the listing, because i know that is if it's a primary residence.For those located ...
Bryan Hancock
Imputed Tax Dodge? Longer Amortization Period
If one were to make the amortization period for a seller carried loan something like 99 years with a 30-year balloon instead of making the interest payment below "market" would this be subject to imputed tax by the IR...
Yoni Haiminis
How do you Calculate Long term Capital Gains Taxes?
I am looking for any advice or info on how to correctly calculate long term capital gains taxes for a property owned for more than 2 years. I know this will vary dependent on tax brackets. I was looking for calculati...
Kasper Rune Søgaard
How to calculate depreciation and tax burden
I am having some issues figuring out to calculate how depreciation affects my tax for a rental property. I have an example below. Is it correctly calculated correctly?
Example:
Purchase price: $1,500,000Rehab: $100,...
Christopher Throop
Kansas City MO. Property Tax Rate
I've been looking at properties in Kansas City lately and I've seen "estimated" property taxes from sellers that vary widely--even for properties with about the same value. Can anyone tell me how property taxes are c...
Account Closed
401K Conversion to Roth
Last year I converted an old 401k of mine into a Self Directed 401k and used that to buy and refurbish a few properties and now the monthly income is very nice and I sleep at night knowing I'm not overly reliant on th...
Steve Maye
Question about depreciation and Prop Analysis Worksheet
I am new. I have been working with the Property Analysis Worksheet and have a question about depreciation. Depreciation is the amount we can claim as a loss each year against our profit. If the property real...
Nate Moross
Taxes On Credit Card Debt As Investment Funds
Hi guys I have a tax question even though its not real estate related i'm sure someone knows the answers i'm looking for. So if I liquidate money from my business credit cards and open a forex brokerage account and pa...
Joe Howell
How to determine Capital Gains Rates
To all the BP Tax Experts,I am thinking of selling my properties and was doing research on capital gains rates. I ran across this article and was wondering about the income threshold. Is my capital gains rate based ...
Abdul Aziz Tambadou
High Property Taxes in Detroit 48228 - Seeking Veteran Investor Advice
Hello Fellow Investors,
I have a concerning situation with my Detroit property (48228) and could use some guidance from experienced local investors. Here are the details:
- Property value: $70K
- Square footage: ...