Kim Horn
Owner financing on unimproved land.
My husband and I have a parcel of bare, unimproved land in South Carolina for sale and a potential buyer is asking is we would consider owner financing. What are the benefits and potential downsides to this?
Patty C.
What Choice To Make For Defined Benefit Supplement (DBS) Upon Retirement?
What would you do if you had a defined benefit supplement (DBS)? Would you take a lump sum? annuitize it of a period certain? annuitize for life? roll it over to a 403(B)/401(K)? roll it over to an ira?Lump sum puts m...
Michelle Curran
Cost Seg on a STR Reno all Self-done
Trying to determine if a cost seg study is worthwhile. Our purchase price was very low $225k and land value about 30% of that. We renovated property doing all the work ourselves so I'm not sure if we can factor in our...
Shefali Srivastava
Opportunity Zone investing question
Heard about opportunity zones where we can get tax benefits. There are organizations that have funds to assist us with buying properties in these areas. Not sure how this works and what are the benefits and how to app...
Kaylea Bienek
Is turning FHA into llc possible in MN?
I’m new to the investment game and I would like to start out with a residential FHA loan to put little down on a plex, but I would like to establish an llc within the following year for tax benefits and liability purp...
Nick Troutman
Opportunity Zones- How does it work?
Can someone help explain the new Opportunity zones in the US, how to find them and how they help the investors?
Thanks so much BP community, you all rock! I wish you all health and happiness during these times.
Chris Susserman
First time investment property buyers!
Hey guys,So me and my wife have been perusing the site for awhile, while we ponder buying our first investment property(ies). What we are getting a little hung up on is the tax aspect of it. Pretty much are we going t...
Mitch Polatin
Tax Depreciation on Rental improvements: But we lived in home
We bought a property. SFH in south Florida. We’ve moved in and are redoing the floors and kitchen and some other things. Well, my job is relocating and we will have to turn this home into a rental come Spring/Summer a...
Julio Gonzalez
Are You Still Depreciating Non-Existent Assets?
The IRS previously viewed buildings as a single unit of property (UOP). However, the new regulations under IRS Code 1.168(i)-8 allow you as the property owner to utilize a cost segregation study to dispose of smaller ...
Ben M.
Do real estate investors get money back from taxes
I am not clear about the tax benefits of purchasing and owning rental property investment homes.
Do we lose money to pay taxes when tax time comes or do we generally get some money back?