Tammy Helble
Any ideas on saving on capital gains...
I am due to recieve 50k in captial gains from an inheritance this week which falls under my 2022 taxes (that now has to be amended). In talking to my tax lady that 50k throws me into another tax bracket which has me l...
Mario Alexandrou
Would this be possible using a 1031 exchange
I have a 4xunit building in Minnesota selling for 240K, of which 106K goes to clear the bank, leaving 134K. Through a 1013 exchange, would it be possible to purchase a new property, for say,280K using the 134K plus 46...
Robert Sims
Alabama Tax Certificate Redemption Process?
Getting a little frustrated with not being able to get a straight answer on this. I purchased the Tax Certificate on a property in the Monte Sano area of Birmingham in August. Property was sold to State in May 2017....
Marcus Robert
Self Directed IRA or Other regarding 401k
Greetings: I’d like some input on using my 401(k) to purchase Rental Properties via a self-directed IRA. I understand that you need a custodian, I understand that you can only transfer the 401(k) once you have stoppe...
Naresh Hanchate
Buying investment property using LLC
Hello Everyone,
I am new to bigger pocket forum. I have 2 rental property and 1 primary home in Southern California. I am looking to my my 3rd investment property to rent out. I heard of Real estate investment throug...
Kate K.
Is land should be valued at 10% or 25% for a rental property?
Our Tax Accountant from Block Advisors moved on with his career and we had to find a new CPA/Tax Accountant. We found one that's seem to be experienced and knowledgeable. He is also a Real Estate Attorney. His advice ...
Keegan Darby
Investments with no cash flow
Hello BP -
Turned down the purchase of a home today with the following details:
$220k purchase price $270k ARV (built in 2008, just needed to be cleaned)
Needs ~$20k in light work (paint, faucets, yard cleaned) ...
Richard Pince
How to Tax shield my yearly Bonus?
Hello,I am a new investor and I have a question for the BP community. This year I will receive a sizable salary bonus from my employer. Through our retirement program we have the ability to defer 100% of our bonus t...
Michael Laurencelle
Capital Contribution or Loan to fund LLC for flipping?
When funding my new LLC for flipping, should I use capital contributions or loans? I like the idea of a mix - with a smaller capital contribution being my buy-in and then a second larger amount for funding the first d...
Jung Won Kim
MultiFamily Refinance Tax and Fee Implications
Hypothetically, if a GP were to refinance and return let's say 50% of the initial investment to the LPs. Is that money taxed for the LPs? I would think not since it is returning a portion of their initial capital, but...