Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (5120)
Ana Nomys Homepath "Improved Properties"... Is "Fannie Mae" a quasi corrupt gov't entity now in the flipping business? Turnkey buyers beware!
31 July 2014 | 5 replies

I have started to run across a lot of Fannie Mae properties that have been classified as "Improved Properties".   Check their website at Homepath.com to see what it is all about. I have seen the before and after on so...

Joel Owens Tax gain on sale question for commercial property.
27 December 2015 | 4 replies

Getting feedback on a situation.Transaction of 4 million and buyer is putting down a certain percentage. Seller is agreeing to carry back 5% second of 400k fixed with a 30 year amortization for 2 years.Sellers comment...

Rich Weese taxes, taxes, taxes- time to realize system is broke
16 August 2011 | 10 replies

I was forming a reply to a thread "when does someone become rich" and realized the thread had turned to a discussion on taxes. I decided to start a new thread, just on that subject.It has been a huge concern for me th...

Mike McKinzie Canadian Health Care vs. US Health Care
24 February 2010 | 10 replies

http://www.google.com/hostednews/canadianpress/article/ALeqM5h0QC7bditrEb3wYz_6_b-gsGGDxA

In an interview with The Canadian Press, Williams said he went to Miami to have a "minimally invasive" surgery for an ailment ...

Derrick Lumsden Depreciating HVAC Boiler
19 December 2018 | 11 replies

Hello All,

I am wondering if anyone would share their opinion or even expertise on depreciation vs repair.

I just had an old HVAC boiler replaced for $3900 including labor.

I know depreciation would cost out the ...

Fausto Carosella Moving into a 1031 Exchange property---at some point?
14 February 2019 | 9 replies

Hi All,If someone moves into a property, (a single family - for example) that was purchased through a 1031 exchange years after purchasing it, what would the tax consequences be? To clarify: the purchaser never had an...

Daniel Dunnigan LLC Tax Savings for Land with Windmill Income
2 January 2021 | 6 replies

Hi everyone! Looking for advice on how to save on taxes. Thanks for your help!!

Situation: Purchased a piece of land in NY this year with 3 people (Dad, Uncle, and I). We paid for the property by taking a HELOC on ...

Ralfie Doe Tax Deed Alabama Investing
3 August 2020 | 8 replies

I bought a Tax Deed this year from tax sale in 2014. The owner Quit Claim it to a company in 2018. But the former owner still owe taxes on it before it was sold to the state. So who is the new owner? How do I take pea...

Jeff Ronningen Tax Treatment: Capital vs OpEx
14 January 2017 | 6 replies

Hello BPers, wondering what the consensus is out there for categorizing capital vs operating for appliances? Window A/C units? Painting? Refinishing floors? Carpet? I'm leaning to treating it all as expenses.

Pat L. Any of you esteemed CPA's want to decipher this ruling ???
7 October 2019 | 1 reply

https://www.lexology.com/libra...