Joseph Miguel
Oakland, CA - rent control - base year - fair return?!
25 October 2024 | 22 replies
Can i use state mandated covid lockdowns as exemptions?
Todd Kozak
LLC addresss - update when I move?
25 October 2024 | 4 replies
There are exemptions for LLCs/Corps that employee more than 20 employees or have annual income of more than $5 million, because every body know money launderers never have more than 20 employees or make more than $5 million a year.
Danilo Grullon
architectural plans for new construction
28 October 2024 | 15 replies
I don't think you need an architect. 1-3 family is exempt in the state of florida and that's what I use for it.
Fabiola Noel
Are two 1031 exchanges allowed in the same year?
23 October 2024 | 9 replies
3) can a 250k exemption from sale of primary residence be claimed in the same year as a 1031 exchange for a rental?
Sean Hoglund
South Carolina property tax (non resident)
22 October 2024 | 4 replies
Non-primary residence owners pay the local millage on a rate equal to 6% of fair market value plus district taxes and are not exempt from paying school district taxes.
Bryce H. Chapman
Property near SMU
22 October 2024 | 3 replies
And she can always add roommates to generate more income.Just know that when you later sell she will only be able to take advantage of the primary residence exemption for the % that she actually owns.
Miguel Alvarado
Tax Exemptions, LLC Structure, and Depreciation for Foreign STR Properties
21 October 2024 | 3 replies
Hello BP Community,
This is my first post and I am not sure if I am asking too much!
I'm exploring the idea of investing in a short-term rental (STR) property abroad and have a few questions regarding how to structu...
Cody Anderson
Section 1031 and 121 Hybrid
21 October 2024 | 6 replies
If you buy a property as your primary residence and live in it for 2 years then rent it for up to 3 more (so you've still lived in it for 2 out of the 5 years prior to sale) you would get the entire 121 exemption tax free.
Danielle Campos
Rejecting an ESA
20 October 2024 | 7 replies
My opinion is you should advertise as if you have no OO exemption, and then screen out men/ESA etc when they contact you.
Yoana Yordanova
I can't find renters for my townhouse in Atlanta, GA
26 October 2024 | 50 replies
If you lived there 2 of the previous 5 years any profits from a sale would be exempt from taxes up to $250k for a single person and $500k married filing jointly.