So 270k baseline in 2000 condo . Rented in year 20 (2021 ) @2350 mo-
I have what account calls "saved" credits on depreciation of 50-75k due to income exceeding 150k annual .
I /(accountant) depreciated my $270,000 ...
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Hi I have a question about 1031 exchange. I am an part owner of LLC the owns a commercial property. My partner who is majority owner wants to sell the property and buy another one. But he wants to be 100% owner of ...
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Hi Bigger Pockets,I've seen bits and pieces of information about this in various places, but I'd like to ask people who have actually gone through this procedure.I anticipate my rental properties will accumulate about...
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I am evaluating the best methods to invest in syndications, wondering if there are any tips / pointers.A single member LLC, a Solo 401k (tax advantages) or any other type of investment entity and pros/cons?
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Flipping channels, watched 5 minutes of JB’s first campaign rally. Says eliminate stepped up basis on capital gains to help lower cost of education.
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Hi everyone! I wanted to lay out my situation to see if I would have to 1031 Exchange my property in order to avoid the taxes on the profit, or if I fall into the category where I've "lived there for 2 out of the last...
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Hello all, my question is pretty basic but I cannot find a good answer online.
How much will I pay in capital gain taxes?I have a triplex that I bought for 200k 6 years ago, I refinanced to take cash out and now I o...
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** Seller Finance Question** 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 ...
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I know that you must live in a house for 2 out of 5 years to avoid capital gains tax, however, do you have to live in the house 2 out of every 5 years you own the property? For example, do you have to live in it for 4...
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Stock market investors are often so focused on growth that many do not realize how the leverage, cash flow, and tax-deferral of real estate investing can combine to produce potent returns. And when mixed with the powe...