CPAs & LLMs on this board, have you read the proposed (maybe fully approved - I have not looked at the news feeds lately) Tax Law changes and how they will affect Real Estate Investors? My question is a general o...
Hello,My business partner and I are beginning to get serious about investing in real estate and are going to start with a Turnkey property first and then scale up. We’ve gotten referrals to speak to people about how t...
Can anyone tell me if the assessment on each mobile home in the park on leased land is increased due to individual improvements etc, will this cause the assessment of the parks taxes(park owners) to increase?
New member looking for tax advice on first RE deal.Looking to offset taxable income of my current business income while investing in a rental property. Found a deal on a Duplex that owner is offering owner financing.A...
First time buying a home. Home is in Massachusetts. Will be renting it out. Any clues on how my year end taxes (not property taxes) will be impacted by purchasing a home, and now having more income coming in. (besides...
I wanted to start a discussion to understand why a) housing is no longer affordable & b) why so many rental/apt properties are popping up nationwide. My reasoning behind my inquiry:From recent reports of price gou...
Can someone point me in the right direction (or refer me to an article) on how much I should expect to hold for capital gains tax for fix & flip deals?
I am in the process of forming my LLC right now, and will be...
Looking at a place in Syracuse New York, and when I look up the taxes, they show a discount from the STAR program. Trying to figure out how to compute the real taxes that I would be paying. The only contact info liste...
Hello - I was wondering if someone has a better understanding on the changes that are happening under the new Trump tax plan. I'm specifically curious to the limitations of property taxes and wanted to see if they app...
My husband and I are deciding whether to sell our primary residence that have been rented out for 2 years or keep it as a rental unit. If we sell the unit now, it is still considered a primary residence (lived there f...