Hi everyone. I am selling my residential house in Maine with a expected profit of 30-75k range. The townhouse condo unit was purchased at 430k in sept 2019. I would like to know about type and amount taxes associated ...

Bought a single family home for a flip $271000 cash last November. Planned on being in it less than a year so I put it into a LLC (that I started in 2015) for tax purposes. The LLC only holds the house. House is worth...

If you own commercial real estate property, you are probably well aware of how much property taxes can eat into your profits. Finding a professional that understands how to help you minimize your tax liability while a...

If I were to flip a house, will the earnings be offset at all by the depreciation of other rental properties that I have?  So for example, if I have 200K a year in depreciation on properties that are not being flipped...

There's now a competing bill in Colorado about property taxation of short-term rentals. 
The original bill, talked about here, would quadruple the property taxes on any home operated as an STR for 90 days or more in ...

Hello all First post! My firm is purchasing a MF property from this couple in their mid 70s-80s. They purchased the property in 1992 and are looking to avoid paying capital gains tax on the property. What would be the...

So I was looking at two really good starter deals in 77389 and I just got off the phone with Klein ISD.  Taxes for the properties ($110K homes) w/o homestead exemption will run $5.6K next year.  I know Texas is high h...

I've done a little bit of research and am curious to see if anyone can offer any genrealities or concepts that they use to drive their effective tax rates as low as has been reported.

The tax code is the same for al...

Hey BP!I wanted to get some insight and advice from the BP community.I’ve decided to get started with investing (finally),however, I’m am stuck with the analysis paralyses.I’ve chosen my geographical location to be th...

Hello BP,I have spent hours combing through old posts learning the world of commercial real estate investing.It has always been my dream to buy a small to mid size apt complex.However, I live in Seattle, and I quickly...