I'm looking for an investment vehicle with little to no risk that doesn't generate taxable income until I want to cash it in some number of years in future. Obviously savings account might be 2.2%, but it continously ...
Hi all! Looking for tax tips.. I have a registered company in Missouri ( Mostly do Flips and have 1 rental), up to now we have only done 1 flip per year and about 9000 a yr on rental income. I think we pay too much i...
I just got back from filing my taxes and I need to be more savvy for next year. Do you have any recommendations for books on tax saving strategies?
Hi,
I have recently Buyed a new Home and Tax of that home is too high in prospective to the cost of the home.
Please can anyone help that how can i reduce my property tax?
Do you open an account to escrow your tax costs or is there another way? I'd rather not have to open another bank account if possible.
Hi all
I am purchasing a property that is not worth much, but I will be pouring a ton of sweat equity and CASH for the next few years. I will own it free and clear now, and when it is done with rehab. Current value a...
@Abhishesh Acharya and I have presented some, mostly non-googleable, high-level overview of some tax strategies. I understand this might be very technical for some of us. If these apply to you, please research more, ...
I am doing couple of rehabs and wanted to bounce some ideas on possible ways of savings on taxes (legally). I have never put too much thought on taxes but with sales tax, and income taxes later, it can be substantial....
Hi! I just started educating myself on rental properties a few months ago and am trying to determine my strategy. My husband and I both work and have a combined income of $220k but we are paying $60k annually on taxes...
Are you familiar with Low-Income Housing Tax Credits (LIHTC) or cost segregation studies? Both are individually great tools for real estate investors but when combined, real estate owners can greatly maximize their ta...