So even if you start and kill an exchange it would not be reported as anything other than a taxable sale of your old real estate on your next tax filing.

For example if you had a $3000 loss on a rental property, it would deduct $3000 from your taxable income.

Personally I like the model where you grow the equity, do a non-recourse refi with a cash-out, which isn't taxable and then use the money to invest in another project while still owning the original asset which will keep covering the payment.

Can an s-corp owner /employee /officer claim an amount attributable to his own labor on a flip to help bring down the taxable profit?

The bank will want to see two years of taxable income on the commission only structure.A possible partnership scenario where you put down the down payment and someone else helps secure the loan may work.

The houses have the same SEV and same taxable value (Info from MLS list).

I took this issue up to the Department of Education and lost.3) If/when your student loans are forgiven, it is taxable income to you.

I can send my lead carpenters there to oversee a project and we can ship materials from MiamiPlanning to start by the end of the year assuming everything goes well.The best part is that there are no income taxes in St Kitts :) for individuals, only businesses pay taxes, but if you pay yourself high salary, business shows a very small profit that is taxable :)

My understanding was a loan against a 401k isn't a taxable event as opposed to cashing the 401k out.The idea was to get a larger loan with a potential longer repayment schedule from a local bank but it seems more complicated than I thought.

Also you are not allowed to self manage as that would be considered a violation of the IRS rules governing the IRA taxability.