I just heard of opportunity zones. What is it ?
If a pass through LLC that owns two properties sells one of them for a capital gain, can that gain be used entirely to fund the construction of a project at the other property?
Would a capital gains tax still incur i...
Does anyone out there understand the ins and out of the new “opportunity zones”?Las Vegas has chosen at least 5 new ones here in the valley. It sure sounds like you can 1031 exchange in to property in one of these zon...
Long story short, I’m in a position where I want to sell a few houses to pay off the debt on my portfolio of real estate. I’ve concluded that my only real option here is to bite the bullet and pay capital gains. Does ...
I have a client that bought a primary home for $100K in 1989 and the home is now worth $1 Mil. They have divorced in that time period and own the house solely now. They have put about $50K worth of improvements into...
Hey everyone,I am selling a property that I will be making a good chunk of change on. I will be slapped with huge capital gains.....I DO NOT WANT TO DO A 1031 Exchange but want to either;1) Put it in some sort of ed...
There is an opportunity for a complete remodel to a commercial property with store front first floor and residential remaining floors. It is also located in an QOZ. I'm not familiar with the tax benefits, though I hav...
Wondering if any of you out there are pondering the Opportunity Zone route rather than the 1031? And if so, are you considering DIY or joining into a fund? I would love to hear your opinions and feedback on this opt...
Hi BP,I have a question when you have over $500K in gain when selling your primary residence. Let's assume the big concern are the tax implications since the projected gain before the exclusion is $1.2M; see projected...
I had a sale involving Capital Gains about 151 days ago. While there is a property that I like, the one I love, cannot close within the 180 window. I have a small Opportunity Zone Fund - can I simply invest the capi...