However, when the new owner sells, they will owe capital gains tax based on their share of the basis.Given the complexity and IRS scrutiny of 1031 exchanges and drop-and-swap strategies, consult a CPA or attorney specializing in partnership taxation to ensure compliance and maximize tax savings.This post does not create a CPA-Client relationship.

We like to work with clients like yourself who are actively pursing projects and looking to grow their portfolio.

This strategy has allowed my clients and me to expand our property portfolios with minimal upfront capital.

Personally too, I look for the best quality and always provide that to all my clients.

*This post does not create a CPA-client relationship.

Dallas my client cant get a refi..

I also thought to myself: what if your trying to be all fancy with it and try it with a new client and can’t get it to work?

Law enforcement is now targeting third parties involved in “cooking the books” that “force by fraud” qualify clients for Covid-19 relief.

Im also interested in starting to invest in housing whether that be flipping, BRRR, etcMy wife, 54, is newly positioned social worker and climbing to what she feels is her max with clients.

If you expand your rental business in the future, an LLC may be worth considering, but for now, keeping good records and securing appropriate insurance should provide adequate protectionThis post does not create a CPA-Client relationship.