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1 January 2025 | 4 replies
@Kevin Hoover, with certain types of entities it is possible to contribute property to and distribute property from that entity without triggering a tax event.
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9 January 2025 | 46 replies
The guy who claims he is the country's biggest wholesaler and has a "community" says in his video from yesterday Dec 31 (search #251 Wholesale Hotline | LIVE Real Estate Investing Q&A if interested in his "technique" start at 0:39:00 that the most recent transaction he did Was bailing out a guy in foreclosureGuru "bought" the house for $375,000 from the guy in foreclosureSold it back to them for $498,000 with a 6 month buy back option periodSeller had to give him $20,000 for the optionSo, guru will make about $148,000 on the transaction "Never been to the house, never had to lift a finger""No renovation, the guy is still in the house"Is this the kind of thing the new Oregon law is intended to address?
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28 December 2024 | 11 replies
Also assessment never picked up those multiple sales and the parcel was being taxed at 8 acres.
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9 January 2025 | 10 replies
I'm not a fan of flipping simply because I hate paying taxes when I don't have to.
1 January 2025 | 2 replies
Wanted to know if landscaping is a tax deductable expense in general and if it differs when one unit is owner occupied.
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2 January 2025 | 1 reply
Day traders are not exempt unless they elect mark-to-market (MTM) accounting, which eliminates wash sale tracking but taxes gains as ordinary income.To manage taxes, track trades closely, avoid overlapping purchases, or consider MTM election if trading actively.
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21 December 2024 | 7 replies
It will have to be a pass through/disregarded LLC to keep the tax payer the same and the 1031 valid.
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3 January 2025 | 8 replies
Expenses will level off: Multifamily operators have been plagued by expense increases in the form of taxes and insurance, for the last few years, especially in the south, and especially in Florida and Texas.
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2 January 2025 | 4 replies
@Anshuman ThakurThere are some very good advantages to investing in Nevada, low property taxes, no income tax, and landlord friendly.