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Updated over 7 years ago on . Most recent reply

User Stats

68
Posts
14
Votes
James H.
  • Investor
  • Florida
14
Votes |
68
Posts

Need to decrease tax burden - Advice needed

James H.
  • Investor
  • Florida
Posted

Hello BP,  I have a situation that involves my father in law who's a longtime investor with multiple free and clear small apartment buildings in a good market. We are looking for advice or an advisor that can help w the best strategy to reduce our tax burdens and maximize wealth opportunities. I also have a few properties myself And looking scale up.

Please respond or request an add so we can chat. 

Thanks in advance! 

Most Popular Reply

User Stats

2,070
Posts
904
Votes
Percy N.
  • Developer
  • Philadelphia, PA
904
Votes |
2,070
Posts
Percy N.
  • Developer
  • Philadelphia, PA
Replied

Are you looking to optimize tax savings during operations or on a sale?

How long have the properties been under his ownership? How much depreciation is still being used to shelter rental income?

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