Hello Tax experts! I have a question. (and I know nothing about RE taxes)I'm sure most people have heard the latest headline about D. Trump and his (almost) a billion dollar loss that (presumably) he carried forward...
Hi there,I have bought and sold 2 properties over the last 3 years. My tax agent just told me that I would have to pay 15.3% self-employment tax since it's considered a business. But 2 houses in 3 years can hardly be ...
Hi BiggerPockets! I am grateful to have found a forum comprised of such knowledgable real estate investors.
Background: I am a 27 year-old military officer with no prior real estate investing experience. My i...
Many of us plan to leave a good portion of our estates to charities. Charitable Remainder Trusts can be good vehicles for this while reducing taxes. Here are two articles I found. Link to original article at the ...
New to real estate, would like to buy rental property in the next year or two. I keep reading that I should be buying property at a discount. Why would anyone be willing to sell me a house at less than what it's wor...
I have a seller lined up for a pretty good (Almost too good) deal in Philadelphia.The Median sales price for similar properties in this area is $80K with the last few houses in the area selling for $100K+They're askin...
Hi,
In the last year here in AZ my in-laws have bought 3 SFR for cash. They are retired and do not have any expenses other than health insurance, food, fuel, etc... They are in the hunt for another property. Quest...
Hi, I'm new to Leasing / Retail. Can someone tell me, how lucrative is the leasing business for brokers? I noticed on one deal I got to review, a broker representing a Tenant got just under 98K for one deal. Of cou...
Whats is up, BP!I've been following the MBTA plans for some time as an avid commuter. The MBTA will be expanding its services to the south coast to towns like Taunton, Fall River, & New Bedford. What I would like ...
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...