Vickie Tan
Tax to pay for flip properties by seller finance structure
23 April 2011 | 7 replies
As a dealer, this is treated as inventory and you would be right that the income would be taxable in the year of sale rather than when received.
Steve Chenoweth
LLC, S-Corp, or LP Holding Company?
23 February 2008 | 5 replies
Thus, the entity itself is not taxable, except in odd situations and depending on state laws.From a liability point of view, both take the liability off of you personally AS LONG AS YOU FOLLOW THE RULES.
Charles Benkendorf
Brandon Turner million dollar article - numbers achievable?
14 December 2018 | 4 replies
Taxable income = NOI - interest and depreciation = 290 per month.
Jack B.
Commercial real estate safe from downturns? If not what?
2 May 2017 | 6 replies
However, if you reduce debt and do not replace with outside cash then yes you incur a taxable event.
Derek Caffe
Can you use your RE commission as an expense to pay down mortgage
25 August 2017 | 1 reply
The goal being to decrease my taxable income and increase my equity.I just became a licensed agent here in GA in April 2017.
Stuart Dean
Would you accept this seller financing offer?? Need advice
20 September 2017 | 21 replies
Looks like you would walk away with about $12k which is taxable.
Kevin Lefeuvre
Taxing the cleaning fees
18 April 2017 | 1 reply
City laws usually say if it's mandatory then it's taxable.
Sophia Maler
Studio in SF bay area - keep or toss?
14 June 2017 | 4 replies
I will likely have to assume a capital gain at the time of the sale (taxable to the trust at 20%).
Haydn Zeis
How I walked away from my first deal with $67,899.45; thanks BP!
8 December 2016 | 95 replies
Because the house was owner-occupied (he lived in the house), and he satisfied the 2-year HUD requirement, he didn't have to count the profit on the investment as taxable income.
Mason Scholtes
Contractor to fix up and brr properties. Tax Free?
30 March 2019 | 2 replies
Cash from financing is not taxable.....taxes don’t get triggered until you actually sell.