Taxes Blog Posts | BiggerPockets

Apr 17, 2024Apr 17, 2024 Liz Zack

I’m Four Months Into a 1031 Exchange—Now It’s All About Finding the Best Deal in the Haystack

We are less than a month away from listing our Brooklyn, New York condo, which we bought for $375,000 back in 2004, the same week we got married. 20 years, two…

Mar 27, 2024Apr 04, 2024 Natalie Kolodij

How to Write Off Your BPCON Travel as a Business Expense

For business travel to be tax-deductible, you need to leave your tax home. This is where you ordinarily conduct business, and you typically have to travel far enough to warrant…

Mar 27, 2024Mar 27, 2024 Ana Gotter

Taxes & Buying a Home—Here’s What You Should Know

Many people understandably wonder what costs and expenses could be tax-deductible and what additional taxes they may need to pay as part of the homebuying and ownership process. Here, we’ll…

Mar 26, 2024Mar 26, 2024 Cyrus Vanover

Strategically Reduce Your W-2 Taxes with Real Estate

There are several ways that you may be able to reduce your W-2 taxes with a real estate investment. The type and whether you have an equity or debt investment…

Mar 25, 2024Mar 25, 2024 Chris Bibey

Property Taxes: Complete FAQ

It’s common to have questions about your property taxes, but one is more important than all the others combined: Why did my property taxes increase. There’s no individual answer to…

Mar 25, 2024Mar 25, 2024 Liz Zack

Is a 1031 Exchange Really Worth It? After Three Months of Work, We’re Questioning It

Is a 1031 exchange really worth it? That’s the question we asked ourselves as we ran property after property this month. If you’re new here, we are selling our spacious Brooklyn…

Feb 21, 2024Feb 21, 2024 Liz Zack

We’re Selling Our Rental for $1 Million—This Is How We’ll Use the Money to Make More

Liz Zack and her husband began their 1031 exchange journey on their Brooklyn rental. After assembling the team and doing market research, they've narrowed their options down to five markets.…

Feb 07, 2024Feb 07, 2024 Lindsay Frankel

The House Voted Passed a Bill That Could Bring Back 100% Bonus Depreciation—Here’s What Investors Need to Know

As of the end of 2022, 100% bonus depreciation was set to be phased out by the end of the decade. Now, with the Tax Relief for American Families and…

Feb 01, 2024Feb 19, 2024 Datha Santomieri

Essential Tax Breaks Every Real Estate Investor Should Know in 2024

This article is presented by Steadily. Read our editorial guidelines for more information. Running a rental business comes with its fair share of headaches, but one upside is that just about every…

Jan 31, 2024Feb 28, 2024 Cyrus Vanover

The Tax Implications of House Hacking

If you are considering dipping your toes into real estate investing with this strategy, it’s important to consider the tax implications so you will know how much profit to report.…

Jan 24, 2024Feb 19, 2024 G. Brian Davis

Here’s the “Lazy 1031 Exchange” and How To Do It

Want to defer thousands of dollars in taxes without barely lifting a finger? Well, read this article to learn how to do just that.

Jan 19, 2024Feb 19, 2024 Ana Gotter

The Ultimate Guide to House Flipping Taxes

while many people know about the potential expenses and risks that come with the actual acquisition, remodeling, and sale of house flipping, some investors are surprised to learn about the…

Jan 15, 2024Jan 15, 2024 Liz Zack

Our Rental Tripled in Value—Here’s How We’re Using a 1031 Exchange To Avoid a Massive Tax Bill

Our unit doesn't cash flow as easily as we'd like, but boy, did it appreciate. Now we're facing a new challenge: taxes.