Tim O'Connell
Cash ROI
Hi Everyone,Can I get a confirmation of what I am including in my computation of Cash ROI? I have looked at popular spreadsheets posted by others on BP and they appear to not include any type of taxable income into th...
Marcus ONG
Income tax for non resident alien
Hi
Hope someone can enlighten me on the following:
1) tax rate on individual vs LLC
2) is there a state and federal tax component?
3) estate tax planning for non resident.
4) Depreciation for old house. What's the t...
Krista Harvey
Charleston - Air BnB
Hi,
I am looking to buy a property in Charleston SC to Air BnB and it looks like there are many zoning laws. Anyone familiar with how it works? I see there’s a short term overlay district but within there are differ...
Julio Gonzalez
What is the Difference Between Tax Deductions and Tax Credits?
Real estate is an investment vehicle that comes with a lot of tax benefits which is why it is so attractive to investors. However, understanding the tax benefits and really grasping the difference between tax deductio...
John Koontz
Recapturing depreciation and filing taxes
My taxes are done each year by an attorney. When I got into rentals (we just closed on our 2nd SFR) the atty recommended we not depreciate the SFRs. His reasoning was that it wasn't worth having to recapture the depre...
Jeff Hobbs
Cost Segregation & the TCJA 2017
Almost all taxpayers are impacted in some way by the new tax law introduced as the Tax Cuts and Jobs Act of 2017 (TCJA). Individuals, LLCs, LLPs, LPs, and corporate entities alike now seek to identify key and relevant...
Payman A.
Depreciation recapture
Hi guys,Posted questions in the Tax category but didn't get any replies so coming back here where I've previously had great communications. One of my three questions is really not relevant so here are the other 2:- I...
Account Closed
Some input on portfolio land contract deal with family pLeAsE!
My parents are at the point in life where they are looking to sell off their real estate portfolio. They would like to sell it to me but there are a number of items i'd like some clarification on if anyone could help...
Josh D.
"Subject To" Investing - Transfer Tax on Deed
Does anyone know if you have to pay documentary stamps on properties that you take "subject to" existing liens?
My attorney is advising me that I must pay doc stamps on the amount owed on the existing mortgages if a ...
Yasmin Mohamed
LLC my first property??
Just finish listening to Episode 196 with Brandon Hall who is a licensed CPA. He mentioned that forming an LLC is important. What are the benefits of forming an LLC for rental properties?