Trevor Neale
Paying your LLC from your own investment property?
12 March 2024 | 5 replies
99% of LLC’s are “disregarded they don’t pay their own taxes so there’s no reason to do it.
Cameron Kline
Too good to be true
13 March 2024 | 8 replies
If you split that in half and then pay taxes... not that much left.
Yocheved Beer
seller backing out after assignment of contract
13 March 2024 | 16 replies
I advanced 50k to pay back taxes.. 2. like most contracts for distressed property it was all cash at close.3. on the closing date I moved in all the cash to buy it 6 figures 4.
Account Closed
Good places for a California investor to buy multi-family and apartment complexes
12 March 2024 | 22 replies
Someone else bought it for $1.6MM, claimed to put $100k into rehab and flipped it for $2.18MM shortly after.
Denise M. Tschida
How to set myself up for retirement from my day job in 5 years at 65?
12 March 2024 | 10 replies
Currently, the principal, interest, taxes, and insurance (PITI) amount to $3,329 monthly.
Patricia Via
Help with 1031 involving SF rental exchanged for two land lots, want to sell lot
12 March 2024 | 7 replies
Want to sell the cheaper lot but not sure how to figure the taxes.
Dee Jay
Inherited condo, renovate and rent, or sell
12 March 2024 | 1 reply
Not a real estate professional for tax purposes, but currently have experience with 1 other rental.
Ryan Judkins
Cost Segregation on Primary Residence if renting out the basement
12 March 2024 | 13 replies
I'd recommend getting a free cost/benefit analysis quote from a cost seg company to determine if the tax benefits would outweigh the costs.
Rene D.
Qualified Opportunity Zone
12 March 2024 | 2 replies
If so, is there certain steps to take to qualify for the tax advantages?
Stephen Jones
1031 exchange question
12 March 2024 | 7 replies
To clarify @Jason Wray's response, monies pulled out of an exchange are called "boot" and you pay taxes on them.