Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10000)
Josh Wallace $250K Tax free gains...
23 August 2018 | 4 replies

Good Afternoon BP!I need some help. I am drawing a blank on the name/category of tax break individuals can receive after selling a home for a gain as long as it is their primary residence for 2 of the last 5 years at ...

Charles D. Smith 5 Tips to help you save money during tax season- from a CPA
30 March 2023 | 1 reply

Take advantage of depreciation: Depreciation is a tax deduction that allows you to recover the cost of your investment property over its useful life. By taking advantage of this deduction, you can reduce your taxable ...

Blake Smith Double Taxation on Down Payment - Avoidance Strategies?
5 October 2020 | 4 replies

My wife and I are in the process of closing on a third property we use for short-term rentals.  We're in a vacation area, typical high prices / high nightly rates scenario.  Our original two rentals are filed on a sch...

Joe Farruggio Flip & Taxes - Capital Gains?
30 June 2022 | 9 replies

So I did my first flip. Worked out great. Bought it for $225k. Put another $125k in it. Sold for $450k. 6 Month time frame. Now... it's treated as a short term capital gain..... what can I offset it by? If I bought a ...

Alex J. Will transferring title triggering a city tax reappraisal?
31 May 2019 | 8 replies

hey all.  I need the wisdom of this ever so intelligent website to answer some questions for me.  My real estate agent, lawyer, and estate planner do not have a good enough response for this so I was thinking of reach...

Greg P. Tax Question for Rehabbers
17 September 2011 | 1 reply

Hello, is there a strategy to avoid taxes on rehab flips? I've heard you could 1031 your profits into another house, but I'm not sure if this is the smartest way to go about. Please advise on taxes for profits made ...

Erik Bunch Does reinvesting crypto gains in OZ defer capital gains tax?
26 May 2021 | 3 replies

I was wondering if anyone had info on reinvesting crypto profits to avoid capital gains tax. Can you buy real estate in opportunity zones to defer gains tax? Thanks!

Karthick Bhaskaran LLC structure for california resident with Indiana properties
17 August 2021 | 15 replies

Hi Everyone,  I need some advice on structuring the LLC's and cost benefits. I'm a California resident planning to live here for at least the next 10 years. I currently own two properties in Indianapolis approx 50k ea...

Joe Wortham How to avoid capital gains
25 May 2018 | 4 replies

Thinking of buying land and building a sfh and selling immediately after. How do developers avoid Capital gains taxes? WhAt is the best way to go about this to sell the home for a profit?

Thanks!

Charlotte Lucchesi Investing with an LLC/Corp
28 September 2009 | 12 replies

It is my understanding that if an LLC is formed in Nevada and I buy property in another state I will have to register as a foreign entity. I believe that in CA this is the same annual fee, 600.00 that is charged to a...