I wanted to buy an investment property for rental. my payments on my primary residence will hit the limit for mortgage interest and property tax deduction under the proposed GOP tax plan.But as I recall doing my taxes...
Hello,My wife and I are thinking about starting a charitable LLC that owns several land tracts in residential areas of our local towns. We were wanting to buy them and plant fruit trees on them—ideally 12-15 trees, so...
It is that time of year when everyone seems to think about giving (and wrapping things up for yearend).So I want to know what have you done to give back, to have made the world a better place. I can argue that us in r...
An odd thought came to me, probably not workable, but maybe an interesting mental exercise.
Most of the deal postings on BP are looking for funding so why not put together an investment fund with BP users?
Being...
Attention Bigger Pockets Landlord Community,I have a tenant in Baton Rouge, LA in a low income subdivision whose daughter (living with her) has been dealing with cancer and was given up on by the medical community and...
Anyone know of a *REALLY GOOD* Real Estate accountant either in the Lynchburg area, or good with VA taxes, RE Investing, and can do "virtual" ? We're just getting started in RE Investing, but it seems like we never ...
I own property and have no children or real persons that I want to inherit my property after death. I do not want to use a will or trust to designate inheritance after my death. Instead, I have established a donor a...
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?
Hello, Phillip Lumpkin here. This is my first post on BP! I'm looking to diversify my personal investment portfolio through Real Estate, particularly in the Midwest (Michigan, Ohio, & Illinois). I currently reside...
Tax wizards, a question for ya.I have a property that has been depreciated for 24 years, lets call it 90K of depreciation. The property is worth about 150K, I'll have capital gains after minor increases in the basis o...