Becca F.
Should I sell or rent out my condo?
4 August 2022 | 15 replies
If I leave the condo vacant the city of Oakland has a $3000 vacancy tax a year.
Ashley Mccampbell
New to Wholesaling looking for information on double closing
30 July 2022 | 7 replies
He still just sold "inventory" and similar to a flipper it would be earned income subject to self employment tax as well, right?
Justin Summers
What happens if I don't spend all my 1031 funds?
2 August 2022 | 3 replies
You don't have to either roll everything over or nothing; you can choose to roll over whatever amount you want, but you do have to pay tax as normal on whatever portion you do not use on the replacement.
Benjamin J Haithcoat
How to deal with taxes from income procured from wholesaling
2 August 2022 | 5 replies
They are the most tax inefficient method since their profits are considered active, ordinary income subject to self employment tax as well.
Reya Ripet
Worried about ever rising stupid property taxes.
23 August 2022 | 18 replies
Everyone in their right mind should strive to pay as little tax as is legally possible.
Pixel Rogue
Julia Havia
General contractor added an additional 7% tax for agreed price
26 September 2022 | 2 replies
Most Contractors would just add the tax to their materials and put that number in the bid.Or if you want to add the tax as a separate line item, fine, just don't do it at contract signing time.....Hopefully you didn't sign the contract?
Michael Harris
Free & Clear downtown rental property- How to scale up?
5 October 2022 | 7 replies
As long as the aggregate of your purchases is greater than what you sold you'll defer all tax. A
Alan Bostick
Apartment complex selling at 6.52% cap rate
31 October 2022 | 4 replies
A 500k building will not have the same insurance and property tax as a 1mil building.
Heather Shannon
General Contractors: Hire one or be my own?
8 August 2016 | 20 replies
Keep in mind the owners have to pay personal income tax as well.