Ethan Borshansky
Can you 1031 Exchange into capital improvements?
21 January 2025 | 6 replies
You and your legal, tax and financial advisors should review this transaction in greater detail, especially the PLRs, to ensure you understand the significant risks involved and are structuring the transaction as close as possible to the PLRs to mitigate some of the risks.
Roxanne Whitaker
MD Tax Law on Out of State Investment Owners
15 January 2025 | 1 reply
If you live in the home for 2 out of the past 5 years and move out of state you may be exempt from the tax.
Chris Blackburn
Tax credit 45L for a 90 unit or 112 unit project?
22 January 2025 | 1 reply
Tax credit 45L for a 90 unit or 112 unit project?
Rene Hosman
How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
I'm talking about tax season!
Michael Plaks
Reminder about TurboTax, H&R Block and avoiding tax professionals
15 January 2025 | 3 replies
This is a screenshot from a private Facebook group for tax professionals.
Fulati Paerhati
What is the good location to buy a rental property for 250k cash ?
30 January 2025 | 52 replies
You should have a chat with your accountant, if you had a loan on the property, you may need to buy a property for more than the cash you received to defer 100% of the gain.Best of luck
Katie Miller
If you use a CPA or Tax Professional, how did you find him or her?
19 January 2025 | 119 replies
If you haven't yet found a CPA or tax professional to help you save on your tax bill each year, would you want BP to help recommend a tax professional for you?
Troy Smith
CPA tax advice.
9 January 2025 | 11 replies
You may be able to deduct mortgage interest and property taxes before the property is in service.
Moshe S.
1031 my portion or total sales price
16 January 2025 | 7 replies
(It doesn’t pay its own taxes.
Angus Brooks
Tax Implications for Refinancing a Property in an LLC and Distributing Funds
16 January 2025 | 12 replies
It is tax free in the sense that you will not owe taxes today on the cash-out.