Ed Ju
Repairs done prior to "In Service" date of rental home
Hi, I am looking for help on the following situation, appreciate any suggestionsLast year 2022 was the first time we rented our home, we moved out on 06/02/2022 and gave it to a property manager. The Property manager ...
Rudy Necoechea
Opinions on investment opportunity in St. Pete
Hi there! CA based agent looking at an investment opportunity in St. Petersburg. Looking to see what the locals think of zip code 33710. Also what overall appreciation generally looks like in the area. Thanks in advan...
Bill Burkhead
Rookie investor needs advice on tax question
Hi everyone,
Very first property and need some help/advice. Bought a property in late August and have been fixing it up. Won't be ready for mid-term rentals until after Jan. 1 (new tax year). We've spent some goo...
Patrick Hall
Self Directed 401K Taxation of Rental Income
I am looking for some initial advice (prior to hearing from my CPA) concerning the use of a self directed 401k to purchase and operated a multifamily real estate unit. My primary question is one of "business" or "com...
Lamar Norsworthy
Property not yet in Tax Sale
Hello,So I have found a quadplex property that I appears to have the possibility to be a deal to us, but their cap rate doesn't work for our goal of $100 a door. Right now the property is listed at (104,000) about fac...
Jeremiah Ramp
Opportunity Zones Benefits
Hello Bigger Pockets Community, I currently am looking at some properties in bend oregon that are in a designated opportunity zone area. The properties are a blank slate as there isnt much to them, but im looking for ...
Adrian Easterling
Tax question on equity/real estate sell profit
So I will be selling my house which I've lived in for 5 yrs here in Florida within the next 6 months. I should walk away with significant profit. My concern is that this profit will be taxed at my tax rate. Is this co...
Ta'Nia Jackson
Deceased Owners Unpaid Tax Lien Property
Has anyone experienced any issues with purchasing a tax certificate (lien) after the owner(s) have passed away. The lien is a year old and it's suspected that the owner passed prior to paying taxes.
Account Closed
Do i always get taxed when i sell a property?
If i hold a home for 2 year then i sell itMaking 70,000 how much do i get taxes on that??? or is there a way i could do a 1031 exchange in 2 years???
Matt Good
Form 2553 questions
Under item E for effective date of S election I'm instructed to begin my first tax year, with no prior tax year on January 7.Under column N I'm asked to enter the month and year that each shareholder's tax year ends.....