![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/754338/small_1694937764-avatar-kinl1.jpg?twic=v1/output=image&v=2)
14 January 2025 | 5 replies
It’s crucial to consult a real estate attorney and tax advisor to structure the transfer in a way that minimizes tax consequences and aligns with your objectives.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3171374/small_1737218123-avatar-jerryz27.jpg?twic=v1/output=image&v=2)
21 January 2025 | 7 replies
If so, have you looked into the tax consequences of holding real property within an S-corp?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1234057/small_1621510498-avatar-chrisa307.jpg?twic=v1/output=image&v=2)
9 January 2025 | 9 replies
As a result of being federally charged with these crimes, you may face monetary fines, penalties, prison time and other consequences of Equity Skimming.Equity Skimming and related penalties of sentencing are detailed in 12 United States Code USC Section 1715Z-19.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1144132/small_1694634064-avatar-mktx.jpg?twic=v1/output=image&v=2)
16 January 2025 | 8 replies
Try to charge them and suffer the consequences.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1387046/small_1629149980-avatar-angusb2.jpg?twic=v1/output=image&v=2)
16 January 2025 | 12 replies
If you refi a property in an MMLLC and then distribute the loan funds, there is likely no tax consequence.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2991884/small_1735490875-avatar-josho111.jpg?twic=v1/output=image&v=2)
18 January 2025 | 18 replies
Unfortunately, some renters will say anything—even things that make no sense in an alternate universe—to avoid responsibility or financial consequences.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1489504/small_1675601245-avatar-bradk88.jpg?twic=v1/output=image&v=2)
22 January 2025 | 21 replies
If you have a self directed IRA there are no tax consequences (but potentially various other issues), otherwise you will be subject to tax at the highest dollar rate as well as penalties if you are under 59.5
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1309071/small_1621511204-avatar-tinaa34.jpg?twic=v1/output=image&v=2)
17 January 2025 | 24 replies
I'm just a bit shocked and disappointed they could just close down my account and force this chaos on me to find another provider ASAP or face potential tax consequences and loss of my qualified status.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3166990/small_1736391529-avatar-adamm827.jpg?twic=v1/output=image&v=2)
13 January 2025 | 7 replies
You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2852498/small_1696654111-avatar-collinl38.jpg?twic=v1/output=image&v=2)
9 January 2025 | 9 replies
If you start a JV in name but do not give your partners proper control and decision-making rights and the deal goes bad you open yourself up to serious consequences which can lead to SEC violations with extremely high fines.Lastly, you can offer the project up to investors who have no voting or control.