Chris G.
Regarding the 2% rule. It seems unreasonable in my market.
Hello,I am looking to purchase a house on Long Island, NY. Potentially a multi-family where I would live in half of it. I have been listening to the podcasts and they keep mentioning the 2% rule where each months re...
Kyle Spiewak
Health Care Tax on Rental Income
Read this today and thought it was interesting and worth sharing. It is from the Journal of Accountancy. If I am reading it right it is saying that there we will a 3.8% tax on rental income. Please give your feed b...
Christopher Cole
Owner financing Killeen tx
Hi guys my name is Chris I am new to the real estate investing game I’m trying to work a deal to get a owner and Killeen Texas to sell me a Four plex with owner financing can you give me some good advice on how to wor...
Jeff Hobbs
Year-end tax planning moves forward with or without Congress
Regardless of elections, year-end tax planning moves forward…with or without Congress.The fate of many of the tax incentives taxpayers have grown accustomed to over recent years will likely remain up in the air until ...
Michael Bieler
Fix and flip tax help!
Hey guys hope someone can help me. I am flipping a home, which It is to my understanding that I can not 1031 it. I’m curious as how I need to structure/ save for taxes on the sale. Here is a small run down, I formed ...
Jeremy Host
Taxes, W2s, and Deal Anaylsis
For those of you out there in the BP world that are doing flips and still have a W2 job. Are you projecting the income tax and self employment tax as part of your projections in each individual analysis or are you wor...
Mary Jay
How to transfer RE into Roth
Hi guys, I might be confusing something...But if I understood correctly, it is possible to transfer from IRa that contains real estate into Roth that will contain real estate?Is that true? Or I misunderstood? What kin...
Richard Chang
Tax Due when selling part of 1031 Exchanged Property
Hi BP'ers and Pros,I am considering buying multiple SFRs in a 1031 Exchange of my Tri-plex.Obviously, this will defer any taxes, capital gains etc.So for a simple example, I will buy 4 x 250K = $1M in a 1031 Exchange....
Michael Win
Rental Income and Taxes
I am doing numbers on a rental complex I am buying and just wanted to make sure my logic was correct. 1. These are rental duplexes. I assume depreciation 27.5 yrs. Also 35% tax bracket. 2. Assume home value is 1 Mill...
Nicholas Montevecchi
Capital Cost Allowance on Personally owned Rental Properties
Hey there fellow CAD investors! I am having some discussions regarding Capital Cost Allowance with my accountant and would like to get some feedback from people on this site who have experience and opinions on this to...