Hi All,I want to confirm if I understand tax implications of a rental property correctly. The biggest confusion point for me is if rental income is taxed on gross income or net income (I think it's gross?)Here's an e...
Hello all!
Long time member, first time poster here. I am an officer in the US Navy who will soon be stationed in Groton, CT. Coming from South Carolina and California, property in this area seems to be fairly afford...
Hello BP community! I have owned my house for over 8 years now and it has appreciated a good amount. I know that if I were to sell it outright I WOULD NOT have to pay capital gains taxes on it. However.... I would ...
Hey everyone,
My family and myself have been investing in Pensacola, Florida for the past decade or so. With the crazy insurance costs we're looking to switch markets and were wondering if anyone would offer insights...
Thoughts anyone? What am I missing? Do the numbers for DFW metro look good?View report
*This link comes directly from our calculators, based on information input by the member who posted.
Question: I am an Ontario resident and looking to invest in Quebec. Do you know whether Quebec taxes apply to my rental property? or would I simply owe taxes to the federal government?
I'm currently on my first rental that i purchased last year. The purchase price was $170,000. I just received a letter from the city stating that the property has appraised for $177,00. For tax purposes, I'd like to c...
Good Evening ,I'm in a situation that is a good one , although it is new territory for me , and I need some wisdom as to how best to go about it.The situation is ..... I just bought a House that has a separate " Moth...
Has anyone invested in a syndication investing in an ongoing business, not real estate, using their SD Solo 401K & what was the UBIT impact on the returns? Any other factors to consider to minimize the UBIT impact...
Hello Everyone,