Account Closed
Marginal Tax rate explained - a visual
This is not a post to support or bash the Marginal tax rate system. But rather a simple explanation to common errors we hear on the news, in conversations, etc.
Many people believe that if you earn $1 more than the...
Edgar Garnys
How to figure out Marginal Tax Rate to calculate Tax Savings?
Does anyone know how to calculate the marginal tax rate? I want to take (depreciation + interest paid) × marginal tax rate to calculate yearly tax savings. The template I'm using has 51% currently plugged in but I fee...
Eric Lunsford
Tax implications for a private lender
I apologize if this has been answered before. I did a brief search and didn't find anything that answered my question. I'm wondering how private lenders get taxed on their earned interest as they loan money to RE inve...
Duncan Taylor
It's That Time Of Year Again - Tax Season
I'm curious to learn who here looks at income taxes they way I do.
I want to reduce my tax burden as much as I can but increase my tax liability as much as I can.
If that seems to be a conflicting posit...
Brittany Fife
Taxes
I am new to the multi family investing business. I was wondering how much cash should I put aside for taxes? We don't have a state tax so should I save 20% for federal taxes?
Jephte Augustin
Short-term rental tax deductions and their impact on W-2 income
I'm in the process of converting my garage to rent out as a short-term rental.I want to know if I decided to take advantage of the deduction to offset my w-2 taxes, whether I would get a refund from the IRS.ExampleAss...
Mike Masland
Applying Tax loss to W2 income
Hello,Noob question on the potential tax benefits of real estate investing. My wife and I have W2 annual income (dual income family working for large corporations) that puts us in the ~30% marginal tax rate bracket. ...
Jason Ballesteros
Flipping homes through an S-corp??
Please bear with me as I am new to the investment and tax implications of flipping homes for profit in less than a years time. My father and I work together in a flooring contracting company. My father has the compa...
Stacy Tring
Depreciation recapture rate + offset from capital losses
Hi all,Spent all morning trying to research this and get conflicting answers, so let's try the BP hivemind.1) Is depreciation recapture ALWAYS taxed at 25%, or is it taxed at your ordinary income rate UP TO 25%? I've ...
Ben Higginbotham
Capital Gains tax on Former rental then Primary
So here is the situation. My wife and I have just sold a property that we have held since 2009, from the time of purchous till May 2016 it was an occupied rental, from may till October of that year it was vacant as I ...