I've never invested in investment rental properties and I have a question.  I am buying a small multifamily unit for $1.535mm and will put down 30% and borrow 70%.If I finance purchase with a 15yr fixed my monthly pay...

Hi all,I know that property taxes in Las Vegas are about 1% of the taxable value of the property. Is the taxable value the same or about the same as the purchase price?Thanks.

Hi All,I want to confirm if I understand tax implications of a rental property correctly.  The biggest confusion point for me is if rental income is taxed on gross income or net income (I think it's gross?)Here's an e...

Hello Fellow Investors,
I have a concerning situation with my Detroit property (48228) and could use some guidance from experienced local investors. Here are the details:

- Property value: $70K
- Square footage: ...

Does anyone have any good resources, tips, or ideas on how to roughly calculate/estimate income tax on rental properties?I'm in the process of hopefully buying a rental very soon and while I have everything estimated ...

Hi Community Newbie to the community looking to get started in rental properties.  I've heard of people using rental properties to lower their taxable income but I'm not clear how this is possible.  From what I'm gath...

According to a recent article published on NYT, over 90% of Americans strongly agree that it is a civic duty to pay your maximum taxes, and many find that trying to dcrease your taxes is unethical.Personally, I want t...

I am a fix and flip and buy and hold investor.  This year my fix and flip income was better than average and will bump my income into the next tax bracket.  I am thinking about purchasing a used skid steer and trailer...