Donovan Lietch
Tax Consequences of Paying out investors
12 November 2018 | 7 replies
Of course, since the payback is variable, perhaps the investor holds a tax consequence, even if I pay the capital gain / ordinary income tax.Has anyone experienced that?
Neal P Wells Jr
Hello from south Central PA
22 June 2018 | 6 replies
I feel right now at this stage i should be learning and gaining contacts so when i find that deal i can pounce and move quickly and have some ducks in a row.
Zach Pederson
Seeking Advice on Starting Out
21 June 2018 | 5 replies
My wife and I are in the process of selling our California property for an estimated gain of $180k and are now looking to execute a 1031 Exchange to swing those profits into the purchase a multifamily property or properties in an out of state market (e.g.
Luke Davis
Buying small multifamily property (4-plex) out of state?
20 June 2018 | 1 reply
Hey everyone,Pretty new to BP, but have been listening to the podcast/reading the forums for a little while and have gained an enormous amount of knowledge.
Adam Smith
Hendricks County Indiana Designated Rental For RE Taxes
19 October 2022 | 5 replies
I can see the benefit with lower RE taxes but is there a catch?
Akash Y.
getting into multifamily, have 800k to start
29 June 2018 | 23 replies
I deal in debt mainly and some of my foreign investors choose to do portfolio interest notes.. and with tax treaties they can pay no income tax in the US on gains here.. that's pretty nice.. complicated but its out there if you want to spend the time and effort to figure it out.
Catherine Zhang
Loan for triplex 10% Down Owner-Occupied in CA Bay area
24 July 2019 | 7 replies
FHA will allow you to put down less than 10%, 3.5% in fact, but if you'd like a bit lower monthly FHA MI and removal of lifetime FHA MI you can put down that 10% if you want (only slight benefits).The SS rule will require you to have around 5850 gross rents or higher to qualify this "rule."
Charles Kingery
Wholesales & Sales Tax
21 June 2018 | 6 replies
From what I experienced, when a property is sold, you're due gains tax to the federal and state authorities, either short term or long term if you're the owner.
Candice Co
Multi Family Properties
20 June 2018 | 4 replies
Have a "contingency" clause in the purchase contract that if something comes up unexpectedly you can "walk away" with no penalty.Work your way up in quantity as you gain some experience.
Nick D.
5 Lies Brokers Tell You
20 June 2018 | 0 replies
That means the firms pay no salary, no payroll taxes, no benefits.