Andrew Thomson
Depreciation for tax purposes
Hi there,
I'm unsure of the tax rules in USA but I'm familiar with them in Canada and I'm assuming they are similar with respect to depreciation (CCA in Canada). I'm relatively new (3 years) to the accounting world a...
Tyler Hogan
Suggestions for wealth and tax advisor
Hi there. I am new to real estate investing (just purchased 1st duplex cash with a partner) and am looking for guidance on how I can save the most in taxes and the right path to achieve my investing goals. I heard abo...
John Samuelson
Cash Out REFI question
Greetings BP!I bought a house in 2011 in Denver that I lived in till August 2014, then I turned it into a rental. I'm in the process of doing a cash out refi and had a questions about the tax implications:Since I liv...
Ali Mirabzadeh
What are the tax benefits available for an OOS investor?
Hello BP Community,
I'm Ali from California. I'm planning on purchasing my first duplex in KC in early 2023. I have started planning/researching on how I can get tax benefits and/or save more money once I purchase my...
Rick D.
Tax Savings from Rental Properties
I realize a real estate investor “makes money” in four basic ways. Cash Flow,Appreciation,Principal Reduction, and Tax Savings.In order to properly estimate my returns I need to assign a dollar value to each of these....
Matt Sora
1031 Exchange Broken down
Can someone break down a 1031 Exchange for me with numbers to see what you actually profit from it? I understand what it is and how it all works but understanding the numbers end of what I'm actually making and what I...
Jonathan Sammarco
Taxes on sale (again)
I need clarification of the tax expense related to a sale of a property that was my primary residence. Let’s say I make $100k on a sale of my primary residents. Profit. This is after including all cost associated with...
Sam H.
Comprehensive spreadsheet for evaluating investments
Hi everyone,
I am a newbie from the Northern VA area. I am trying to find some good ways to evaluate investments of all kinds (TH, SFH, etc..) but have not been able to get my hands on anything more than the...
Account Closed
22, no funds and just starting out!
Hey guys, a young future investor here. As you guys already know I am 22 and currently have no funds and just studying the real estate market. I am a college drop out!I am thinking of learning home renovations, like t...
Colin Girard
Canadian with Canadian questions
Hey Guys, I've been lurking for a bit but thought I would make my first post with a question I have (any others probably do as well) and maybe consolidate some of the questions/differences us Canadians deal with compa...