Tony Tibbar
Mileage tax reduction
Currently mileage is 58ct/mile. A] Does that include everything (gas, repairs, etc)?B] Does the LLC need to own the truck to deduct this expense?--- If not who deducts the mileage? ------ B1] The LLC (and passes it on...
Shawn S.
Property Tax Reductions?
What is the typical process for requesting a reduction in property tax? Is this based on the value of the home, the price paid for a home, or what exactly? The property in question is in Missouri if that helps an...
Evan Manship
Property Tax Reductions
I have spoken with many investors about how they handle their property taxes and the overwhelming majority seem to appeal their annual assessment only when the value jumps a certain percentage (say 5-10%). There are a...
Yoav Rosenblat
Property Tax reduction
I have a property in Miami-Dade county that I am attempting to reduce the property tax. Does anyone have recommendations for a firm that they had great results with in the past?
Ana Cherm
Capital Gain Tax reduction
Sold the condo earlier this year and facing couple K's in capital gain tax since it was a rental for last five years. While I guess I should be happy to face that problem but still would be nice to be able to reduce t...
Adam Craig
Successful Property Tax Reduction!
I just had my hearing for reducing the assessed market value for 3 properties.Between all 3 properties I had over 100K in price reductions - not sure how much that will equate to in property tax savings but it will be...
Digger Odell
Property tax reduction strategies
I need to try and get the property tax on my new property reduced. Town recently (last October) had a reval and my property is way off from both what I paid for it in November and how the town has it measured for livi...
Mikhail Petrenko
Property tax reduction after foreclosure
Hi everyone!I bought a foreclosure property once. The assessed value was 200 000 and I bought it for 600k. A county assessor increased the value to 600k.Here is my question.Let`s say I am buying a property with an ass...
Juliet Hawthorn
Looking for tax reduction strategies
Scenario: I buy 3 properties in an LLC and the properties are rented with a net income of $30,000 a year.I leave that money sitting in a bank in the name of the LLC. Each year I use the entire rental proceeds to reinv...
Enid Jennings
Inflation Reduction Act Tax Credits
Greeting BP,I've done a little bit of research and have yet to find the clear answer - so I'm putting it out here: Do you know if the credits for heat pumps (or other energy upgrades) will be allowed for a residential...