My husband I are looking to invest in our first single family home. We were told that when looking for a property we need to make sure the taxable value on the property needs to be low in order for it to be a good dea...
Hello I’m refinancing a San Diego property and paying off a loan on aHawaii property and my question is the cash out taxable since it’s a loan?Thank youTommy
In selling your first (and only) primary residence, I understand there is no capital gains tax incurred. But my question is will the income from the purchase be taxed as regular income?
If I make 60k a year and sell ...
I'd like a sanity check on my math. Am I estimating the taxable amount correctly? I'm in Germany where we can depreciate property 2% per year. This is a bit disappointing because the taxes will eat up most of the prof...
I have a friend that recently received an insurance settlement that far exceeds the cost to repair the damage from a small fire at one of their rental properties. They made the repairs and now are left with a hefty wi...
Hello everyone,Interested to see what are some good ways to increase deductions in order to reduce taxable income. I am already acquiring one more property, but looking to see if anyone has some creative ideas out there.
So have this book coming in the mail today,The Book on Tax Strategies for the Savvy Real Estate InvestorHowever, I was hoping that besides tax strategies, that someone could say in plain words how they would explain h...
are property management services taxable (in GA) (for a single-family condo)?
Hello BP Nation,Today the Treasury issued authoritative guidance via Revenue Ruling 2019-11 on the taxability of state and local tax refunds from which a deduction may have been limited due to the $10,000 state and lo...
Hi Everyone,A few months back, I closed on a 2-unit in West Village and this week I got the notice from the Board of Assessors in regards to the new taxable value on the property. I was expecting an increase, but I w...