Michelle Mayer
Primary Residence Vs. Investment Rental and Capital Gains
10 March 2017 | 10 replies
However, you can legally keep executing 1031s forever, thereby deferring taxation indefinitely.
Anisha Spand
Legal Structure for IRS
15 March 2017 | 6 replies
If you wish to avoid double taxation then a C-Corp is out of the question.If you have already filed as an LLC with the SOS then that is what you'll have to file as for the IRS.But there is hope.
Haseeb Awan
Foreign citizen Purchasing property in USA
16 March 2017 | 3 replies
I believe an LLC creates an issue as a Canadian resident because of a double taxation issue correct?
Maverick Pate
Building Shipping Containers and Selling
13 September 2020 | 7 replies
Would they be similar to mobile homes (vehicle license) or would they be more like a prefab home (regular house taxation).
Henry Tse
Thoughts on the market?
20 March 2017 | 41 replies
My 15 year experience says to buy and hold until the day before you die and then set up an estate to avoid the whole taxation.
Account Closed
Using private financing to help fund an owner-occupied multi-unit
15 February 2017 | 5 replies
If you search the forums here on BP, you will find older posts of mine on how to use variable rate financing and hedge interest rate changes yourself, rather than pay the lender to do it for you through the higher interest of a fixed-rate mortgage.Finally, interest paid on financing a rental property is a business expense and can be deducted from revenues for taxation purposes.
Asrar Rashid
Use equity from Denver for a house in Florida LLC
23 February 2017 | 4 replies
I have a SSN when I was in the USA, now I am an Expat and pay my taxes in the UK (double taxation agreement).
Account Closed
Title transfer to child and capital gains tax question
24 February 2017 | 5 replies
then, if your daughter maintains ownership for the next two years, profit on the sale (up to $250K) should be excluded from capital gains taxation (provided Trump's tax reform does not eliminate the capital gains exclusion on the sale of a primary residence).Because your gift of the property to your daughter exceeds the annual gift tax exemption, you will have to file a Gift Tax return along with your annual 1040.
Jim C.
Setting up Indiana Series LLC?
16 November 2018 | 20 replies
In addition, converting to a C corp causes double taxation and becomes very expensive if you have alot of properties.
Michael Perry
CPA vs EA vs Lawyer - Which do I need for my needs in Maryland?
1 March 2017 | 7 replies
AND he is also really knowledgeable/experienced with REI taxation and returns.