Sean Barber
Syndication Tax Filing (Filing State Tax Returns
8 July 2022 | 6 replies
@Sean BarberIf the state allows a composite filing, the advantage is that the compliance burden is shifted to the sponsor, the disadvantage is you are voluntarily paying a higher state tax in exchange for some administrative ease.If the state does not allow composite filings, the advantage of filing is benefitting from the release of the suspended passive losses at the state level upon exit.
Peter Morgan
Tenant running AC at 61F outside temperature
10 March 2022 | 23 replies
Maybe you can find a video that explains, but basically heat is exchanged inside through coils into the coolant fluid.
Anthony Jordan
Owner Financing: Tax Implications for Seller
30 January 2022 | 14 replies
My initial thought is that the seller would have to treat this transaction as a sale of property and recognize any long-term capital gain recognized from the deal at the time of the transaction. (100% gain recognized up front, assuming no 1031 exchange is utilized).
Dave Limbocker
1031- Defining proceeds from relinquished property
15 April 2018 | 6 replies
Two rules as I understand it are in order to defer all taxes in a 1031, newly purchased property must be equal or greater in value of the net sales price of relinquished property and carry the same leverage (loan) of the relinquished property.
Rebecca Ramos
Does Your Photo on Business Cards Work For You or Not?
4 November 2019 | 20 replies
Quicker at times to exchange contact info then pulling out the cell phone.
Tom Camarda
Cash out refi my 1031 purchase?
7 September 2019 | 6 replies
Can I purchase my 1031 exchange property all cash and then do a cash out refi at closing??
Edwin Lopez
Would You buy a Condo and rent it?
3 January 2023 | 31 replies
After the past experience and the cap rate profit number comparison, I sold all my SFRs and townhouses, exchanged all the SFRs and townhouses into all the condos only because condos can provide me maximal profit in terms of the cap rate compared to SFRs and townhouses.
Bruce Woodruff
Arizona now the #2 state for in-state migration
6 May 2023 | 21 replies
Hopefully 1031 into seller financing.
Pete Harper
Hold-Over Tenant w/ Pet Dilemma
30 October 2022 | 5 replies
Try negotiating a payment plan to start collecting money now in exchange for letting them stay.Example: $5,000 to replace the flooring.
Jason Medina
Need some advice... Refi, sell to buy bigger, or what?
8 November 2022 | 10 replies
I was thinking of refinancing and just absorb today's rates until they go back down just to get some capital to do another BRRRR or should I sell a few and do a 1031 into a larger commercial?