Michael` Cluer
Indesicve....Bought as flip but considering BRRRR
https://www.biggerpockets.com/calculators/shared/5...That is the analysis, as you can see what is killing the BRRRR is the ammoritized over 20 years. I bought this and can probally make 15-25k after closing and holdin...
William Behm
Long Term Capital Gains
If I am married filing jointly and we make $250,000 income during 2018 and then sell an asset for $750,000 Long Term Capital Gains, what will be the tax rate on the capital gains?Trying to understand:1) Are Long Term ...
Chris Mason
Easiest way to be allowed to prepare taxes, especially Sch E?
Hi Tax Pros,I'm a mortgage lender. We kind of have a love/hate relationship, but I'm probably never going to ask you for any sort of letter "guaranteeing" that Sally's business is "guaranteed" to make $X00k/yr for the...
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...
Chase Gochnauer
Do you use depreciation savings in your pro forma?
Hey guys,I have about 55 rentals but most are smaller units. Typically on my pro formas I don't figure in depreciation tax savings. I am pulling the trigger on a much larger complex, though, and the depreciation expen...
Cary P.
Exit Strategies to minimize taxes?
Hey Folks,My husband and I are planning ahead in this crazy real estate market. Do you guys have future strategies that you are looking into to get out of real estate? I'm not talking 1031 into some other property, ...
Edita D.
50% bonus depreciation?
Hey guys!
I read in a tax book that for year 2012 there's so called 50% bonus available. Will you be taking advantage of this?
Thank you!
Mikael Winkler
Strategy to Avoid Capital Gains Tax
Hello BP!I've been kicking around a capital gains question for awhile, hoping to get some insight. To preface, I'm planning to cash out of a duplex I own in my personal name, either through a sale to my partner or on ...
David Newcomb
LLC taxed as a C corp?
Hey folks, I'm starting to get my feet wet in the rental business and have two properties which are up and running well. I plan to add 3-5 yearly from here out.
Me and a partner have formed an LLC and are deciding if...
Phil Christie
Private lender terms advice
BP community,I have a friend who is interested in providing his capital for me to acquire multi-unit rental properties. This friend is in a high tax bracket and as a result is not interested in the cash flow or even ...