Ok I THOUGHT I knew about these things after buying and selling real estate for many years BUT am always eager to learn except when doing a 1031 exchange you need to pay income tax on profit when you sell a property c...
Hello 4 years ago I got married and we now have 1 house we live in and rent the other one out to a family memberQuestion is:If we sell one or both houses would we have to report the capital gains?Thank you
My step mom is giving me a house and we want to be aware of the best options to transfer ownership in my name, while avoiding any heavy tax consequences. Any insight would be great!
I can't seem to get clarification on this. If you purchase a tax lien certificate and the property is vacant, do you have any right to rent it or only to physically secure it?
I heard mention that the IRS has a 2% Fee that is sometimes applied to creditors and I was wondering if anyone had knowledge on this? Also, how might I avoid this....?
Hello, I posted in another forum a similar question.. I am curious about what type of entity Canadians investors use for lets say 2-3 rentals in the State of Florida... in term of the less expensive yearly costs and a...
I am looking to sell the assignable rights to a tax lien certificate that I won at the Vanderburgh County tax sale on 8/23/2019 for $40,000. The certificate is for a 5 acre lot of land in Evansville, IN, specifically...
Selling my investment property and looking at a profit of around $300k, wanting to re invest in SFR but what kind of taxes would I be looking at(depending on income bracket) and any ways to avoid?
Hey All,I have reached to my accountant about this but thought I would ask here to see if anyone has done something similar.An LLC of which I am the manager, and my SDIRA is the only member, is in the process of acqu...
HI All,Alright, I have read J Scott's book and am aware that you want to hire someone who is licensed and insured etc to do my labor for a flip... But I know someone who is really good at rehabbing but is not licensed...