Hello Everyone, I've been following BiggerPockets for a few years now. I live in Las Vegas and now that I am in a position to buy, I have been looking at properties on Zillow. Every day, for the last week, I have bee...

Hi. I converted my primary home to a rental in 2008. I bought it in 1994 for 136000 - the tax records had the home valued at 121000 land valued at $15000. I went back to the tax assessors website and their records ...

I am in search of a NY based tax accountant / strategist to build a relationship with moving forward. I'm interested in kicking things off with my 2021 taxes and then moving into real estate strategy and future years ...

Hello All, I know there is a lot of talk about "The Home Office Tax Write Off". This is similar but different ;-)I am planning on building an addition on my home that would be a great room on the main floor, and ALSO ...

I was wondering what brings more value to the house when the appraiser comes.Finishing the attic or finishing the basement?Also how much do the taxes go up or do they even go up when you finish the attic or basement?

So say you've been depreciating a property for 10 years.   Year 11 rolls around and you completely replace the roof.  Does that just increase the remaining depreciable balance (basis) for 17.5 years?  Or do you deprec...

I have a home building company and a real estate sales company. I would like to use a Self-directed IRA to purchase lots. My building company would build single family homes on the lots, and my real estate sales compa...

Hi all, I bought a small 2/1 SFR foreclosure for $12,900 in KY in 2009 that I renovated and is now a rental. The past several years the tax assessment has stayed at my purchase price as this area has not appreciate...

Hi All, I am about to go into contract for a 2 fam house in NYC (Queens). The home was a single fam converted to a 2 fam years ago. There is no Certificate of Occupancy (CO) on file and from my understanding, the only...

I recently completed building a house for myself and I’m ready to sell while the market is still warm. I can prove I’ve lived in it for 14 months. I’m trying to be creative to minimize my owed capital gains tax upon s...