Hey folks,
We have a commercial deal under contract and after inspection have uncovered (as expected) needed repairs that not found before signing the agreement of sale.
When renegotiating, would you go...
Yes, there has been a change in the tax law regarding the bonus depreciation percentage.Previously, the bonus depreciation percentage was 100%, allowing businesses to deduct 100% of the cost of qualified assets placed...
Hello all. Has anybody sold stocks to fund a syndication? Are there any tricks or ways to do it without just completely eating the capital gains tax?? 50k investment. Thank you in advance!
Hello, I own a duplex and I currently live in one side and rent out the other, although I intend to move before the end of this year when I will rent out both sides for LTRs. The air conditioner and heating system on...
Full-time agent and investor here looking to network with other investors who would like to discuss deals, strategies, and expand their network.
Hello folks!Can someone tell me if I am thinking of depreciation and write-offs in the correct manner for rental properties? I was trying to envision a scenario where someone could potentially have (close to) $0 tax l...
This post really belongs in a "buy-and-hold forum", preferably in the "Dirt Farmer/Cat Fisherman" sub category...what I do isn't for most but when I am onto something good I like to share it.https://www.biggerpockets....
Hi Guys, Im working on possible deal and the seller is willing to finance 85% of the price. His reason is that he doesn't want to pay income Tax or depreciation recovery. (Sold a business and have high income this yea...
I purchased a duplex in 2019. As part of the closing, I received a property tax credit of $3,000 from the seller for the time they owned the property in 2019. Should that be considered income?
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