![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1287958/small_1621511008-avatar-andyb92.jpg?twic=v1/output=image&v=2)
13 July 2019 | 6 replies
If the economic reality indicates that a sale has taken place and the benefits and burdens of ownership of the land have been transferred, the transaction will be treated as a sale, resulting in immediate tax consequences (i.e. gain on the transaction will have to be reported right away).If the true option exists, For the seller, the main tax benefit is that you receive the amount paid for the option without incurring income tax at that time.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/389364/small_1621448474-avatar-steveb5.jpg?twic=v1/output=image&v=2)
9 July 2019 | 7 replies
@Steve Bruza - your post brings into discussion multiple aspects - asset protection, property management, financing, mortgages, transfers, DOS, accounting, taxation, corporate maintenance, veil, estate planning, insurance - all with their individual complexities and interconnected dependencies and intricacies.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/201510/small_1621432824-avatar-aaront.jpg?twic=v1/output=image&v=2)
9 July 2019 | 18 replies
They could also be used to invest into short term rentals, but there is a potential for taxation and prohibited transactions that would need to be navigated.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1429722/small_1621512224-avatar-markp325.jpg?twic=v1/output=image&v=2)
16 July 2019 | 11 replies
If you don't mind working remotely there are plenty of CPAs on this subforum that are familiar with real estate taxation.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1451725/small_1696012728-avatar-stephenh212.jpg?twic=v1/output=image&v=2)
12 July 2019 | 6 replies
Unfortunately, this principle is not currently extended to natural resources with some devastating consequences.Firstly, it leads to the taxation of output in order to mitigate the excessive inequalities cause by landowners not compensating those they exclude.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1043055/small_1621507983-avatar-jessicav30.jpg?twic=v1/output=image&v=2)
22 July 2019 | 4 replies
There are no real differences outside of the regular discretions in finance, taxation and regulation between the two countries.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1035411/small_1621507865-avatar-charlesg113.jpg?twic=v1/output=image&v=2)
14 July 2019 | 3 replies
Rate of taxation totally depends on your overall income (plus that of your spouse if married).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1412503/small_1674858148-avatar-alvinu2.jpg?twic=v1/output=image&v=2)
14 July 2019 | 5 replies
(SCorp is better for flips than LLCs taxation-wise according to my CPA)At any case, my question pertains to what is the difference between taking title via Grant Deed vs Quitclaim?!?!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1188380/small_1695287797-avatar-enriquem22.jpg?twic=v1/output=image&v=2)
24 July 2019 | 6 replies
You may be eligible for a Self Directed IRA, which is a different type of account.Not all CPAs are equally skilled in real estate taxation and strategy.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1457764/small_1695359997-avatar-cihans.jpg?twic=v1/output=image&v=2)
14 July 2019 | 3 replies
The country does have a treaty agreement with US to prevent double taxation so thats good.