24 October 2025 | 8 replies
You might want to see if you are eligible to treat the property as active instead of passive.This might result in a large tax refund.Best of luck!
24 October 2025 | 10 replies
You should hire a tax professional to create a strategic tax plan.
24 October 2025 | 2 replies
Why would taxes kill the opportunity to turn your property in NY to a rental?
23 October 2025 | 11 replies
Corp tax rate is 21% (although second tax on dividend distributions can undo any tax savings or even end up as a tax penalty).
20 November 2025 | 39 replies
Or just pay the taxes - still 10x better than taxed on flipping.
21 November 2025 | 1 reply
Heirs can inherit Roth and the gains remain tax free PLUS the heir(s) didn't have to pay taxes on the principle.5.
21 November 2025 | 10 replies
Floridians are barred from using it. ;)If you are looking at buying rental properties, LLCs will not change your taxes, and S-corps will increase your taxes.
19 November 2025 | 7 replies
As long as you have lived in the property for two out of the 5 years prior to selling it, you will get to exempt all gain tax-free.
19 November 2025 | 6 replies
Here’s a comparison of average homeowners insurance costs and property tax rates in 2025 for Florida, Nevada, and Texas:StateAvg.
20 November 2025 | 11 replies
For Woodlawn I’d assume $14–18K taxes.