David Krulac
Capital Gains Taxes should be indexed for inflation...
On another topic here at BP, there has been discussion of the Professor Robert Shiller comment that when discounted for inflation, real estate value in real dollars is the same as 100 years ago.
Whether or no...
Dennis Dempsey
Home Office/Self Employment Tax Question
I wanted to describe a situation and see if anyone can tell me what the tax implications are:
You get your real estate license to help with your part-time investing business and don't use it as a typical agent would....
Jeremy Tolley
wholesaling / contract assignment in Pennsylvania... Is It Legal?
Hey guys, I am new to Bigger Pockets and I am so glad that I found it. I am new to the world of RE investing and in fact still in the educational part of it. Complete a first deal in the next 3-6 months is a personal ...
Account Closed
Dump it for the Mello Roos, are new Airbnbs too risky?
Hi BP forum wanted to get seasoned investors inputs on this. Should we dump it because of the undisclosed melloroos? Are airbnbs too risky right now anyway?
We are under contract for a property in Coachella. we are ...
Mario Morales
Not sure how to interpret this-Schedule E - Is this good or ok ?
I am working on my schedule E and this is what the year looks like for 2023. I see the numbers and I don't know how to interpret them. I don't have deprectiation in here and the monthly mortgage going towards principa...
Peter Aziz
Big Bear Short Term Rental Market
A few weeks ago I published a post on FaceBook outlining the sale of my cabin in the Moonridge neighborhood of Big Bear Lake, highlighting how I was able to sell above list and also above the Zestimate. In the thread,...
Bob Mueller Jr.
Help Me Evaluate This STR Deal
Have found a STR property in Florida that has a good history on VRBO and AirBnb since late 2015 until now. Seller has provided me with booking/revenue numbers going back to 2016, and is claiming the property was book...
Dru Steeby
Confused about Profits vs Tax Deductions
I've done some reading and google searching and I can't seem to find an answer for this.Simple example, two scenarios:1.) I go to lowes and buy $100 worth of tax deductible items for my rental property. I report that ...
Account Closed
Florida stamp tax question
I searched the forums and have asked my lawyer and the FL dept of Revenue and gotten wildly different answers so I'm going to try posting my question here. I am a resident of Florida, but in the process of acquiring ...
Carlo Marroni
Buy&Hold Montreal, Quebec
Hi Everyone,My name is Carlo I am 23 years old and live in Montreal, Canada. I joined BP about a week ago because I am looking to become a real estate investor and use the buy&hold strategy to build a passive inco...