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...

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 am trying to understand taxable income on rental property.  As an example, if I have 7 rental properties with a gross income of $110,868.  My profit after operating expenses and depreciation is $41,262; is the $41,2...

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...

Hey there BP Tax experts,I have a question regarding taxable income from property sales. I have a CPA that does my taxes but I’m not convinced he’s an expert on the real estate side of things. And furthermore, if I c...

Listening to the latest podcast with Natali Morris got me confused about what is considered taxable income from real estate and how the legal entity influences this.She claimed that if I hold an investment property in...

I was considering becoming an expert in wrapping SFH's as my start in RE, but have a few questions? Typical rental income is usually not taxable when all deductions are accounted for.  Given that wraps dont have the ...

Hi everyone, I am running the numbers on a potential property and Im making sure I am doing this correctly.Here are the #s, if these look right I am paying $803 in taxes on a property that Cash flows $1,574??

Gross...

Hi Everyone, Looking for some help on a tax issue.I have a borrower that wants to do a loan mod on a loan that matures September 1st, 2020. The borrower last made a payment in July 2018. This will actually be my first...