Anybody with knowledge with taxes: what specific items can you deduct for tax purposes? I know you can claim depreciation on your home and gas for going to and from your investment home? Anybody have a list? I know I ...
I just wanted to say Hi, I'm a new member and have been gobbling up all the info I can find on this site and going through the podcasts which are great btw. Currently I own 2 duplexes (4 units) for buy and hold and am...
Hey fellow real estate investors!!I'm new to BiggerPockets. I've been listening to the podcast for a few years but just now joining the community. Disappointed I didn't get online and get active earlier!! I love how m...
I am a new real estate investor. I am starting to look at taxes and have a question about Schedule E. I have some expenses that I have incurred this year that do not coincide with a single house that I am still hopi...
I wanted to buy an investment property for rental. my payments on my primary residence will hit the limit for mortgage interest and property tax deduction under the proposed GOP tax plan.But as I recall doing my taxes...
Real estate can be a rewarding investment, but it also comes with various financial responsibilities, including taxes. Fortunately, there are several tax-saving strategies that property owners can utilize to maximize ...
I’ve been a lurker for a little while now. Listening to podcasts, reading and suffering from a case of analysis paralysis. Ready to start actually acting and curious how it works with expenses I incur prior to purchas...
Do yal pay a higher deductible for a better rate on insurance and what rates and deductibles are yal paying? I am trying to shop around and see what would be the best insurance quotes. Thanks for the help.
(Sorry for the horrible formatting, don't know why bullet lists don't show up.)I just want to make sure I understand how the mortgages are traced, from what I've read online and from biggerpockets forums. When I buy a...
I'am relatively new to USA flipping business but have a strong experience in other countries with a different kind of accounting/tax systems . I have looked through the search but have not found something correspondin...