What kind of taxes?

I was just curious what kind of taxes most of the investors here pay on their investment properties. Regular income? Cap Gains? Through some type or corporation or LLC? Other?

Thanks,
Bill

I have that same question…I will be consulting a CPA locally to find out how I need to set up my accounting for this…and business structure

I buy and hold so any profit will be taxed as regular income… hopefully, with the depreciation and repairs, I will show a small “paper loss”!

Keith

I agree Keith… I also gift my wife 11k per year!

You just said that because I’m only 2 behind you!

LOL…

Keith

yep!!

sure did!!

You’re killin’ me…

some of my pre-construction flips are in a corporate pension plan. they pay no taxes until retirement.

for the others i use 1031 exchanges so there’s no taxes on that either.

real estate investors great phenomenal tax breaks!