
31 December 2024 | 2 replies
Thoughts and suggestions or too complex and take the hit on capital gains tax as I sell my rentals?

19 January 2025 | 354 replies
Box 1 on K1 should not be subject to SE tax as far as I know.

23 December 2024 | 13 replies
Do capital gains offset passive losses that the investor has, so someone really isn't paying a high capital gains tax as they thought?

18 December 2024 | 15 replies
Using the deferred tax as part of your reinvestment will do wonders for what you are able to buy.You get access to greater reinvestment potential, as well as not having to recapture any depreciation.If you do need access to some cash, you can either take some out as part of the closing (only the cash you take will be taxed.

2 December 2024 | 11 replies
You can exclude all appreciation on the original capital gains investment when you exchange or sell a property in an opportunity zone if you held it for more than 10 years.You are able to permanently exclude 10% of deferred gains from capital gains tax as long as you hold the property for at least 5 years and 15% if held for 7 years.Deferral of recognizing capital gains after the sale of a capital asset as long as the capital gains are invested in a QOF within 180 days of the property disposition.

26 November 2024 | 13 replies
Quote from @Nathan M kiefer: If you were to receive a 400k bonus from a w-2 employer what is the best way to legally avoid as much tax as possible?
10 November 2024 | 19 replies
@Alex Scattareggia, the withholding tax, as you suggested, doesn't have to be an issue providing that your property is profitable enough.

5 November 2024 | 9 replies
This allowed me to focus mostly on cash flowing properties, then the area, then tax as an add on.

31 October 2024 | 4 replies
We were fortunate to get the ball rolling fairly quickly and only have to fork out 1.5 months of mortgage on our own. my partner thinks he can do all the taxes for the home and depreciation on turbo tax, as that’s what he’s been doing forever since he’s a w2 earner.

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.