Robert Perkins
Rental Capitol Gains Taxes
Good Morning Bigger Pockets Faithfuls!I found a great multiy family rental, it has 7 total units and I think I can get it at the right price. My remaining issue is the tax implications of owning the property, I have t...
Jaime Robles
Taking possession after Right of Redemption exercised.
I have paid 125% to the Tax Assessor Collector, because it has been less that one year, and the buyer at auction has not sent a response to my request for cost. The buyer has also not given a quitclaim deed because t...
Greyden Piechnick
My mom isn’t able to claim Real Estate tax benefits?
Hello! My mom owns 5 rental properties. She is telling, me since her and my stepdad make over $150,000, she cannot utilize tax write offs until they sell the property. She is claiming that the write offs will be used...
Bill Vaughan
Does 50% rule apply in Texas with the High Property Taxes?
Texas Investors, I have a question. On your rental property, is the 50% rule accurate?
Neil Narayan
‘Tremendous increase’ in corporate relocations to Texas
‘Tremendous increase’ in corporate relocations, expansions to Texas since pandemic hit
Gov.'s office: Phone calls rolling in from companies shuttering on coasts. Despite some companies pausing projects due to the pan...
Prash Manohar
Austin Tax Appraisal - Heart ache :( future strategy??
Hi All,This question might have been asked before. I bought my rental property in 2021 and was saved by homestead tax (previous owner had it) so ended up cash flow positive for 2021. However now for 2022, HS is no lon...
Sanjay Gupta
TurboTax Home and Business
I flipped property in 2017. We had two partners and used our personal name when buying. At time of buying, we did not have LLC setup.later on we have LLC and LLC taxes are taken care by CPA.How do we report sale of pr...
Michelle Le Mere
Flower farm tax deductions
I am not sure if this is the right forum, but I am wanting to start a flower farm this spring and was wondering how to go about it? Do I become an LLC first and then save my receipts for tax purposes or what? And, d...
Victor Taflinger
Do need an accountant?
I am retired Navy living and working Okinawa, Japan where I will probably stay the rest of my life. I am a resident of Washington State. I have a drivers license but no address to call home. I was born and raised in F...
Rodney Reis
help with starting out questions
Ok really not sure how to begin but just going to see how it goes. I have just recently got more into real estate buying and flipping/renting. reading everything i can on different ways to do it and also what to loo...