Sal Flores
Tax declaration advice
Hi,This is my first time doing Taxes declaration with a rental property and own a primary home I purchased both last year.I am looking for an advice how to proceed.I have done some taxes in the past by my own with no ...
Nancy Navarro
Deadline for SCORP Filing Status?
I need to change my tax filing status from an LLC to SCORP. What date is the deadline to do that in December? Someone mentioned it’s sometime in December for the 2019 tax year. Thanks
Emma Chen
After Winning Tax Lien Certificates Online
Hi all,
As I said in the other post, http://www.biggerpockets.com/forums/70/topics/116927-results-for-first-time-tax-lien-investment-in-az , I won 8 tax liens in Coconino county. I wonder what I should do to ...
Account Closed
Property tax after purchase
I am looking for advice on how to forecast property taxes for my financial model. The way that I see most brokers represent the property is to take current property taxes and keep it constant or increase it marginall...
Thomas Cotter
Taking distrubutions from a SDIRA with Real Estate
I have a SDIRA that has 3 property's in it. I am currently 65 yrs old and I am wondering what would be the best tax strategy to remove those 3 property's over say like a 5 yr period. ThxsTom
Alfredo Coria
Tax Deductions: Second Property
Hi All. As many of you, it is that time of the year where taxes are due and I am searching for insight on how I can take deductions for a second rental property. According to my tax person, since our income was over a...
David Vitarelli
Philadelphia Use and Occupancy License
Hello BP! I presently have 3 rental properties in Philadelphia, PA. I purchased my first property 2.5 years ago and the other 2 were purchased just in the last 6 months. I do have a Use and Occupancy licence for my fi...
Kyler Lee
Flip property investing
I am looking to do my first flip, what is something you guys look for in a successful flip? Also is there any way I can avoid giving all of my property to the government?
JoJo Tucker
Proforma: Buy-and-Hold Rental
Hello Everyone,I am creating a proforma for Houston, TX buy-and-hold properties. I wanted to ask the BP community how they account for fixed and variable costs.Currently, my only variable expense is Property Managemen...
Chris George
Investor Education - Case Study
As you can see, I am not quite hitting the 1% rule (purchase price * .01 = monthly rent) but this property is still performing. I work full time in a six figure job, have two of these properties and an 8.5% cash on ca...