Kshitiz Srivastava
Understanding tax implications with sale of property
I am a newbie passive investor and trying to understand tax implications of selling a rental property which has passive suspended losses. I don't have a primary residence (i myself live is an apartment), and recently ...
Scott MacCabee
New to Tax lien investing have questions about Crook County IL.
I have questions about tax lien investing in IL and in general maybe someone can help:
1) When you win a tax cert, when is the interest paid out to you? Does the interest incur per month, 6 months, daily? If someone...
Account Closed
Reasons for Seller Concessions vs. Price Discount
Reasons to structure offer with seller credit for closing costs in Lieu of discount off list price
This is simply a Paper Credit. Its not as if the Seller is asked to bring a separate check to closing to ...
Arthur Neves
Anyone purchasing massive amounts of tax liens certificates ?
This tax liens cycle, in Florida, I am considering giving bids on 1k+ properties tax liens certificate. Anyone done it here before and have advices to share?For the past 2 years I purchased some certificates, very low...
Lyndon Timbang
Check Book IRA to Syndication
Hi BP,
Just need your input about this: i am planning to rollover my 401k (from previous employer) to a Check Book IRA, LLC then after, i am looking at joining Syndication. Is this a good move? If not, wh...
Joe Splitrock
Tax implications of only rental income (loss)
I currently have W2 income and rental property income. My rental properties, between expenses, depreciation and mortgage interest, amount to loss on my taxes. I am able to deduct that loss from my W2 income, since I a...
Daniel Kern
Real Estate and Taxes
Hello, We just got our taxes back from our accountant and again have a sizeable payment to make to both the state of NJ and Federal Government. We currently own 9 units which all cash flow well. What can or should I b...
Damikaz Tormen
Canada, negative cashflow rental property to reduce income taxes?
Hi everyone,I am currently living in Canada and I'm in a position where I am getting eaten completely from taxes on my salary income. I'm maxing my RRSP, TFSA & FHSA but taxes are still eating way too much...As su...
Kareem Lyons
Will Taxes Stop Flipping In The Future ?
So I've been doing research on different forms of real estate investment. I came across this article and it explains why flipping will die off. For you seasoned investors how true is this article ?. I have plans to fl...
Marlow Martinez
Off Shore Banking Anyone????
Just wanted to see if anyone has had any success with off shore banking. I've heard some nightmare stories about money being there one day and not the next day. Is they money truly safe??? Are there safegaurds and reg...