Katie Southard
Do I sell my rental property and take the cash tax free?
18 February 2025 | 2 replies
If I do, I need to sell it by July 2026 in order to not have cap gains. We lived in two of the last five years up until July 2026.
I haven't been like I should watching the market like I should. I want to have more re...
Emran Chowdhury
How I grew my money to 3X in 5.5 years and paid no taxes?
24 February 2025 | 0 replies
Investment Info:
Single-family residence other investment in Redmond.
Purchase price: $550,000
Cash invested: $145,000
Sale price: $915,000
This was a home run for a long term (5 years) buy &...
Tom Pero
Tax Question - Long Time Resident of Virginia With a Rental Property in West Virginia
23 February 2025 | 2 replies
Greetings!I am a resident of Virginia and purchased a rental property in West Virginia during 2024. The 2 states have reciprocal agreements for wages and salaries. I'm unsure if I have to file as Non-Resident in Wes...
Divya Pratap
Services Business to offset W2 income tax
25 January 2025 | 2 replies
He's a CPA with a focus on strategic tax planning.
Cameron Nordin
Doing a 1031 Exchange on a Short Term Rental that is Cost Segregated
26 February 2025 | 12 replies
As opposed to either doing the cheaper 1031 and being ahead on taxes.
Robin Cornacchio
1031 Exchange question
26 February 2025 | 10 replies
Robin, IRA is a tax-deferred vehicle.
Veronica Williams
LCC partnership structure
24 February 2025 | 9 replies
This means you’ll pay short-term capital gains tax at your regular income tax rate.2.
Paul Novak
Personal Residence Rental
25 February 2025 | 7 replies
And since the S-Corp’s profits pass through to you, you’d still pay personal income tax on the rental income.
Sean Overcrest
Seeking Advice on Property Ownership and Cost-Effective Transfer
25 February 2025 | 5 replies
@Sean Overcrest Transferring the property to an LLC may help avoid property tax reassessment under California’s Proposition 13, but it comes with risks.
Daniel Madhavapallil
House Hacking and Tax Strategies
23 January 2025 | 11 replies
@Daniel MadhavapallilYou should hire a tax professional.