Moshe S.
1031 my portion or total sales price
16 January 2025 | 7 replies
(It doesn’t pay its own taxes.
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.
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.
LaTonya Clark
Lender- 40 year loans
20 January 2025 | 31 replies
That's my biggest concern.But I should also look at the tax and long term benefits.
Arlinda Rexho
Tips on first 32-64 unit MFH deal
24 January 2025 | 1 reply
Avoid deals in poor locations with high vacancy rates, overpriced properties, significant deferred maintenance, and unclear financials.
Tim Hem
Capital Gains and IRS Publication 523
9 January 2025 | 9 replies
Take the tax free sec 121 first and then 1031 the leftover.
Fulati Paerhati
What is the good location to buy a rental property for 250k cash ?
30 January 2025 | 54 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
Ana Maria
Anyone ever bought an investment property through SDIRA Wealth?
27 January 2025 | 35 replies
Often times you will pay much more in taxes than if you pulled the money out, paid the taxes and penalty and then started investing in real estate.For example, with the financing you mentioned, the IRA must pay taxes on the portion of the profit earned by financing.
Bob Dole
Cost Segregation -- What is the true benefit of the accelerated depreciation?
9 January 2025 | 32 replies
Eventually 1031 and defer until you die.
Joey Chalhoub
Tax Lien Foreclosure and Supreme Court Case
11 January 2025 | 5 replies
Home went to tax sale county kept excess proceeds.