Zachary D.
Newbie seeks multi-family specialist in DFW, Texas!
19 March 2018 | 4 replies
I was indeed filing, but I was exempt for paying any taxes as I was also filing in Japan.
Derek VanWinkle
Transfer from LLC to Personal?
20 March 2018 | 5 replies
In my state, which usually charges a 1.78% transfer/excise tax on each sale, this kind of transfer is exempt from it because it's essentially still 100% the same owner.However, I know that other states have a recording tax that applies to every single transaction.
Amaya Palmeri
To rent or to sell in Playa del Rey
2 April 2018 | 10 replies
I would sell sell sell and take the $500K exemption pay no taxes and stay in cash until this trade war shakes out.
John Lee
How to transfer a property from s-corp to LLC
21 March 2018 | 9 replies
It has nothing to do with creating a transfer exempt from taxes.
Marland Richardson
Delayed Financing Exemption
25 March 2018 | 6 replies
I remember coming across the concept of Delayed Financing Exemptions during one of the previous podcasts, and I would like to connect with anyone that has acquired a property for cash up front to subsequently pull your cash back out by going to a lender and getting a mortgage on the property.
Elena P.
Tired out of country owner- hard lessons and perspectives
23 April 2018 | 5 replies
Many locations appeared to have the tax homestead exemptions, which farther kill the cash flow.Land in Midwest- no rental income but no depreciation as well+ usually higher selling commissions +waste of property taxes.
Andrew C.
Depreciating a house owned for 50 years
22 April 2018 | 12 replies
As long as they sell it when they can still claim to have lived in it for 2 out of the 5 years prior to sale then they will get the $500K primary residence exemption.
Jason K.
How To Structure A Group of Investors
17 May 2018 | 7 replies
If it's small enough, there are exceptions, or exemptions, and depending on the location of the investors and property, only state "Blue Sky" laws may apply, as opposed to the federal SEC regulations.
Tracy Z. Rewey
Help! Need MLO's that know seller financing & Dodd Frank
23 April 2018 | 1 reply
If you create paper using owner financing you want to be sure its is either exempt or compliant with Dodd Frank, Safe Act, and any state regs.
Dan Roma
Lease Options Deal - 3/1.5 in decent neighborhood
23 April 2018 | 0 replies
This deal came up this morning - the homeowner is currently owner financing the deal at $1000/mth for the last 6 years plus $80/mth in insurnace; no taxes as original owner is exempt.