When is it NOT worth taking a capital gains tax exemption? Wouldn’t it ALWAYS be a good time to pay Uncle Sam less? Not exactly…and today, we’re going to get into why. But there’s much more coming up in this Seeing Gr...
John Wallace
HELOC Interest No longer deductible ? What effect on Investors?
I Found this on a mortgage Calculator website, if this is true...What would be our new strategy to counter the Thousands of Dollars in Interest payments we can no longer deduct ?Understanding The Income Tax Implicatio...
Nate Morris
Cost Segregation Referral in Kansas City, MO
I am looking for a referral to a cost segregation study to be performed in local Kansas City market. Appreciate your help.Nate
Julio Gonzalez
Real Estate Tax Deductions Part I
“How can you use real estate to build wealth? Most people don’t know it, but owning real estate can be a major step forward in creating and maintaining your personal wealth. You only have to know how to master the ar...
Dan Vasile
Capital Gains Question
Hi Everyone, I’m confused about capital gains taxes on the sale of my rental property. First a little background: I bought a condo in Florida in 2008 for $200k I lived in it as my primary home until 2013 at which poi...
Rachan M.
401k default + IRA loan shelter
Good Morning you all,I have a basic IRA question. I took a loan from my 401k in 2017 to buy a property. I got laid off from that job in 2018 and so the loan is now in default for $11,675. I am told that I'll save on p...
Jim Froehlich
Housing Market "Falter" and Future Trends
Smart Real Estate Market analysts please step forward! My head continues to hurt as I read through where we are in the real estate cycle and where the safe money is going for next 5-7 years. WSJ post article titled:...
Art Maydan
Being Paid Through LLC vs. Personal
In addition to property management, I do hourly work for a rehabber. Would it be better for them to send a 1099 to my property management LLC or to my personal name? Both are justifiable since I end up managing the ho...
Dan Nguyen
Can I deduct a gym membership for the purpose of capital raising?
I belong to a clubhouse gym that wealthy people belong to. The cost of the membership is absurd compared to a regular gym membership and the only reason why I'm paying for this membership is to meet high net worth ind...
Maria Amaro
New Biden Capital Tax Gains on 1031
Biden just announced a proposal to cap tax benefits for 1031 at 500k. How is this going to affect the market? Will investors hold on to their properties longer? Will that mean less inventory on the market?