Hey ya'll!
So I was in a meeting today with an architect talking about my current project.I showed him a property that's zone rm-2-5 with a 40' height allowance. It's basically a teardown on a 7500 sqft lot. Right no...
Alright, I have a question that I can't find information on anywhere. What better place than BiggerPockets to find an answer. So here goes!For 2022 my taxable income is going to be just under 240k which includes; 90k ...
After watching podcast 689 (Pay No Taxes in 2022), I am motivated to see if I can purchase a STR prior to the end of 2022. Is this feasible? Is there a minimum number of days that the STR would need to be available or...
Hey everyone, we are looking for some clarification or advice on maximizing the tax benefits on a short term rental. We are in the process of purchasing our first property, just narrowing it down right now. We both ha...
Hello everyone,I have just begun to learn a lot of real estate investing. I have been acquiring as much knowledge as possible about the brrr method and interested in pursuing that. But considering that I am in one of ...
Does anyone have experience and/or success with increasing the selling agent's commission to 4% and keeping the 'standard' listing commission at 3%? Assume the house is priced in line with recent, similar comps. Tha...
I'm looking to figure out a rough estimate on the percentage that can be used for bonus depreciation if I were to purchase in this area. Yes, I am planning to follow the rules for the STR loophole to go against my W-2...
Hi Everyone! I am brand new to the forum and had a relatively quick question, but could not find the answer anywhere online. Here goes:I have a growing business ( llc) (nothing to do with investment properties and cur...
I work a W2 job and pay a lot of taxes. If I purchase an investment property with an LLC can I still take advantage of the STR bonus depreciation? or do I need to purchase in my personal name in order to take advant...
If you were to receive a 400k bonus from a w-2 employer what is the best way to legally avoid as much tax as possible?