Hoping someone might be able to suggest ways to solve the following tax question:
My business partner and I have an LLC that we have bought a rental duplex, with the aim to buy several more. In order to build...
Hi BP friends,I was researching 1031 exchanges and couldn't find a concrete answer to my question. Imagine this scenario;An owner bought a building at $350K with a conventional mortgage. Owner sells building for $1M, ...
Okay so I’m pretty new to development, and the most confusing part to me is the taxes, capital gains subject.Is building and selling 2 family condos considered under capital gains tax? How does the process work with b...
Hello folks!Can someone tell me if I am thinking of depreciation and write-offs in the correct manner for rental properties? I was trying to envision a scenario where someone could potentially have (close to) $0 tax l...
HI all,First and foremost I am a newbie and although I have not completely solidified my investment plans I do know i want to be a buy and hold investor of small multi-families. I am completely aware that as of now m...
Hello All! This is our first post on Biggerpockets, very excited to start engaging in discussions about RE investing :) So my husband and I have a piece of land in Brookesville, MD that we'd like to build a single fa...
My wife and I are just getting started with our RE investments and want to structure ourselves the right way to begin with.
Our goal is to invest in short-term vacation rentals while flipping properties to build the ...
Did you know that less than ⅓ of companies that are eligible for R&D tax credits realize they qualify?
What is an R&D Tax Credit?
The research and development credit (also known as the research and experimen...
Is this possible, can a person form a corporation and buy a multi unit property under the entity. With a down payment of 20%, also the buyer can guarantee the loan just won't show on the credit report. I am trying to ...
Are there any BP members here who have a strategy of simply flipping apartment buildings to build wealth, and just pay the tax as a cost of business? As I move along my RE journey (just 5 years), I look at the deals I...