Terry Wheeland
Depreciation Recapture in 2021 or 2022?
Hey, BP! I looked through the threads, but I need some expert advice. We are selling one of our rental properties, and we'll have some recapture. If I know that my overall income will be quite a bit more in 2022 be...
Daniel Mendez
Cash Flow: How much should I save?
Good evening BP, What percentage of your cash flow do you save for tax purposes?
Andrew Guza
How to claculate taxes on a new rental?
Hi everybody!I am thinking of buying a rental in Maricopa county.Trying to figure out how rents will be taxed? Rent is 1K per month, so 12K per year. Property taxes are 2K/ yearHow am I gonna be taxed on the rents tha...
Brad Rondeau
Tax on my rental when I sell
Hello, My property is in Laguna Niguel CA. I purchased a 3 bdrm condo for $365,000 in Dec 2009 with 20% down. I now have a 4% loan but pay $280 in HOA fees monthly. I did about $16,000 in improvements - paint, carpet,...
Joshua Lafferty
Tax deductions for 2018 or 2019
I bought my first rental a couple months ago. I haven't had to put much money into it because I inherited a tenant. I want to replace the water heater before it stops working. Should I do it here in 2018 or would it b...
David L.
Primary Home + ADU as Vacation Rental in HI = Worth It?
So I've already started on a road that I don't know how to navigate. Searched and read as much as I could but unfortunately am under a time constraint. Was referred to BP as a great community for RE discussing ideas...
Guy Yoes
Is this strategy worth the effort?
In a nutshell: I have 3 properties with no debt on them. The current value of them is about 260K. After doing taxes I notice all my income is passive (not an RE pro) and while I can take some losses I don't have any i...
Jay Hinrichs
Distress assets and why its so much harder to find deals now
My wife just forwarded me the distressed property report from our Portlandia MLS system.09% of all listings are short sales Less than 2% are bank owned 9 thousand listings.... that leaves only 180 bank owned in the ...
Pat Alford
How would you start in Real Estate if you had $100,000?
I would love to know the answer from people with experience. If you lived in Central Arkansas, where house prices and taxes are lower than average.
Would it be better to use the money for 20% down payments of 4-6 h...
Dan Krupa
Payoff mortgage early or not?
BP Pros:I have done a ton of research on paying off mortgages early. With interest rates at historic lows and given that early payoff return is equal to the interest payment, I see expansion as a better option. Additi...