Eric Hempler
Raising capital for someone else's syndication (co-gp)
4 November 2024 | 21 replies
Further, you must be admitted to (or employed by) the company that is selling the securities, as the securities exemption being claimed, usually Regulation D, Rule 506, only applies to the “issuer” of the securities.
Zac Kucharek
First House Hack Tax Planning
7 November 2024 | 7 replies
If you live there 2 of the last 5 years then you’ll qualify for the homeowners exemption on the capital gains but you’ll still have to pay depreciation recapture.
Collin Corrington
San Antonio 2025: The Alamo City's Tech-Driven Real Estate Renaissance
4 November 2024 | 1 reply
This diversification includes healthcare, with the South Texas Medical Center continuing to expand; education, with multiple universities enhancing their tech programs; and the military, with cyber command units at local bases.
George Bell
How to structure LLCs for rental portfolio
5 November 2024 | 28 replies
A tenant “broke” a railing on the second floor deck and fell down and had medical issues they were sueing for along with PTSD and a bunch of over things .
John Pipitone
STR in San Jose California
6 November 2024 | 22 replies
If you have a small home (1/1 or 2/1) it may work for travel medical professionals and digital nomads.
Rob Bergeron
Beshear holds lottery for first round of Kentucky medical cannabis licenses
30 October 2024 | 2 replies
The taxing on marijuana should help us continue to hit the thresholds needed to keep dropping the income tax to zero. Nice development for the state. It will be great when fully legal! Progress is progress!
Eva K.
Reducing Closing &Calculating REET) when buying out my partner
31 October 2024 | 0 replies
I'm fairly confident from reading online we don't qualify for an exemption, but I'm trying to assess actual closing costs to trying and reduce them All details:Bought the house 2.5 years ago for $980K (left on mortgage $753K), we have a clause for an assumable mortgage for me to take over (I can keep same rate).
Janet Behm
Daily Fines of $500 for Failure to File by Year-End
30 October 2024 | 2 replies
The aim is to expose businesses attempting to conceal illicit gains, thereby identifying those involved in criminal activities.As for a Home Owner Association (HOA), whether it needs to comply depends on its legal structure and tax status.Most HOAs need not file, except 501(c)(4), which probably need to comply.Who is Exempt?
Nasi K.
Agriculture Tax Exemption
23 October 2024 | 3 replies
We bought 1.5 acre of 15 acre land which was in agriculture tax exemption in middle of this year. how can we continue to get the same agriculture exemption for this and next year. we had calculated the maximum tax as $100 for the entire year during the closing due to agriculture tax exemption and have prorated accordingly for our 1.5 acre.
Janet Behm
$500 Daily Fine for Corporation, LLC, & HOA
28 October 2024 | 0 replies
The aim is to expose businesses attempting to conceal illicit gains, thereby identifying those involved in criminal activities.As a real estate investor preoccupied with due diligence, you have little to fear…except failing to file by year-end.Who is Exempt?