Colleagues and friends, The original GOP reform thread started by @Brandon Hall is well over 200 posts by now. This is one of the follow-up threads specifically for discussion of pass-through entities (Sch C / Sch E s...
Ok, so I just had a literal tax nightmare last night, awaking from a deep sleep in a cold sweat. Here is what has been keeping me up at night lately. There are a few proposals for income tax reform that I have been ...
Recent tax reforms have significant implications for real estate investors. These reforms can impact property valuation, financing decisions, and investment strategies.Key Points:Interest Deductibility Limitation: Lim...
Hello BiggerPockets, Id like to hear some thoughts/feedback on this idea..... while I have not obviously vetted this "idea" out just yet...its intriguing to me.I sell my primary residence and use the equity ($100K p...
With the annoucement of the new GOP tax bill, I have seen a chunk pertains real estate taxes involving deduction limits. Without going into political stance could someone please explain what this new tax reform bill w...
I am curious to know if the recent Tax Reform Bill will negatively impact our ability as Real Estate Professionals (Realtors, Investors, Flippers, etc.) to make money? I am transitioning into the real estate full-tim...
It appears that the 2 out of 5 year rule excluding gain on sale of primary residence will remain intact. Some of you may have heard that initially the plan was to change the rule to where the taxpayer had to own and u...
Based on the proposed Tax Reform with the substantial increase of the Standard deduction would it make more sense to refinance my investment properties as a cash out and payoff the mortgage on my primary residence. It...
I have an opportunity to buy a re-performing first note at a 40% discount to principal The note has only 2 payments under a recent loan modification The interest rate is 5% and the principal is about 10% above apprais...