Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (9,039+)
B R Taxes, forms, paperwork
20 July 2009 | 4 replies
The IRS looks at your sale as a one time taxable event to you, this is somewhat complicated.
Michael Patrick Lending in Syracuse, NY
4 August 2018 | 4 replies
This brings my taxable income pretty low, so when I was buying my own home and wanted a mortgage for it I had to intentionally NOT claim my deductibles.
Paul Lussier Should I tap into my 401k to fund repairs?
8 June 2018 | 4 replies
@Paul Lussier Keep in mind generally the limit for a 401(k) loan is $50k, and it's all due back if you lose your job or it becomes taxable income.Possibly reach out to local banks in your area and see if they can provide rehab financing. 
Peter Halliday Fair market valuation for IRA LLC containing notes
30 January 2022 | 13 replies
For most investors, there is no taxable impact, and if the value changes from one year to the next, that is what happens to retirement plans.Valuing the IRA owned LLC in a self-directed IRA is the equivalent of a conventional custodian looking up the publicly reported value of a stock or fund.  
Account Closed Best Entity for California Residents
31 October 2017 | 28 replies
Files with IRS to be taxable as a C-Corp.
John Martin Are spouse's assets protected without an LLC?
22 May 2019 | 4 replies
Last time I checked, the PA Department of Revenue's position is that if you assign an agreement of sale from you personally to an LLC, that is a taxable event.
Brittany Fife What's the next step?
22 March 2017 | 3 replies
I'm no expert but I've been told it has to be taxable income for 2 years before it figures in.
Kirby Vandivort Questions about transferring properties into LLC
9 August 2013 | 6 replies
Tax implications: I've read that what I'm wanting to do isn't a taxable event.
Nixon Vayupak Contract Assignment in California
13 February 2022 | 18 replies
Then he walks outside and Uncle Sam reaches in his pocket and takes 25-35% of it because it is highly taxable earned income.No deed and all the benefits that go along with owning real estate. 
Willie Abad Newbie from Bronx,NY
17 March 2017 | 4 replies
To attain at least 1-2 buy-and-hold properties via House Hack or as a RE Investor a year for a period of 5 years.4.Continue to learn and add tools to my toolbox-Brandon plug.Regarding my first home /house hack:I have some money in taxable investment accounts and have a nice sum in my 401k I would tap into as a loan.Created a list of lenders from referrals who have FHA/203k loan experience and Preferred 203k lenders from HUD.