My partner, who is a dentist, and I acquired out first commercial multifamily back in February. I have been intrigued by the possibilities of cost segregation to increase depreciation and insure that we offset our inc...
Hi Bigger Pocket community! I am considering moving to New Jersey from Arizona, I am wondering what areas of NJ are best for small multifamily investing?
I've been thinking about this for quite some time. It seems like renting from yourself (or through an entity you own) would be a great way to reduce expenses/taxes overall. Renting from yourself would have a few of ad...
Hi there. I know this question is vague, so here is the sitiluation: I hired a CPA well regarded and very active here in BP, in January, to prepare my 2023 tax return. I paid for a cost seg study on my only str proper...
I am looking at a property that has a negative cash flow, but the tax savings through deducting my losses and depreciation more than make up for the negative cash flow. The property is also being sold at a deep d...
I'm looking to purchase a duplex in Columbia, but I'm concerned about the property taxes. Are the properties taxes based solely on the sale price? Here are the numbers:Sale Price $435,0002019 Property Taxes $5108.42Be...
Hello! My name is Deb. I just joined Bigger Pockets to learn more about tax lien certificates, tax deeds, low or no money down financing, buying and holding, flipping properties, wholesaling, and possibly starting a b...
Assembly Bill 1771 by Chris Ward will impose a 25% tax on all net capital gain from the sale or exchange of homes or properties. Qualified taxpayers who buy and then sell a house within 3 years need to pay the tax. Al...
I have vast knowledge in tax liens from a foreclosure perspective, and would like to look into purchasing properties which have gone through the tax lien foreclosure process, and have been recently sold. I just can't...
Best state to invest in buy and hold rental properties ???? is it a Hands down topic ? Or is it debatable ?