Joe Szymczyk
Lower taxes to the max when selling...depreciation
HelloLooking at personal house and rentals and depreciation...I havent sold yet....I have a few rentals that I have been holding....when it comes to sell...how are you guys lowering taxes to the max?On depreciation......
Chris Fore
Double Taxation on ROTH IRA contributions for down payment
I have a solid ROTH IRA and I was interested in using some of the contributions as the down payment on a property. That money has already been taxed (as per the definition of a ROTH IRA). However, once that money ge...
Jacob Olivos
I need to refinance my homestead/rental . I would Appreciate some guidance
I have a 4 bedroom that I have on a owner finance mortgage that I have as my homestead, I rent out 3 rooms (as I am a single man no kids no animals) the benefits are great because I can live in the property and still ...
Kenneth McKeown
Broke Teacher to Successful REI - My $5M Portfolio Story
Hey y'all. Long time BP member here and I figured it was time while I had a slow day to detail my story.Back in 2016 I was finishing up my Masters in Education at Texas A&M while dating a woman long distance and c...
Matt Everling
Benefits of using a self-directed IRA for multifamily investment?
Can someone set me straight on why I would want to use a self-directed IRA for REI when, as I understand it, does not offer tax benefits or liquid cash flow?
Jack B.
Can I rent my house out to my girlfriend then move in with her?
I'm hoping to capture some depreciation by doing so. Plus I look forward to 1031 exchanging it without having to wait to move out again and turning it back to a rental for a year before being able to do so. As it stan...
Mike Bicho
15, 20 or 30 year mortgage for analysis?
Is the common practice to only analyze a deal financing over 30yr amortization or is it also common to use 20 or 15yr?
NIcholas Hamel
New Jersey Inheritance tax
Hey everyone, i need some advice. My father has a few properties in new jersey and he wants to transfer them into my name now to avoid inheritance tax when he passes. From the research I have done I am under the impr...
Account Closed
AGI over $150K. What do you pay taxes on?
Seeking some clarity.... If I have an AGI over $150K (lets say 39.6% tax bracket) and I own a rental property with figures as follows:- Annual Rental Income: $40K- Annual Operating Expenses/Mortgage Interest/Deprecia...
Dru Westcott
Liability and capital gains
Hello, I am relocating because of work and have lived in my primary residence for 10 years. I would have some non taxable capital gains if I sold my primary residence but because my new job is unstable I would like to...