If one were to make the amortization period for a seller carried loan something like 99 years with a 30-year balloon instead of making the interest payment below "market" would this be subject to imputed tax by the IR...
Hi, I've heard before that for investors usually the idea is to run from new constructions. Can anyone explain why that would be? I'm interested in new duplexes being built in my area that start out base 100k+ less th...
I just purchased a tax certificate for a half acre of land that has a cell tower on it. I am at a loss as to how I "possess" this property. Basically the owner leases the land to the cell tower. Would an ejectment ...
For 1099s issued to yourself for your compensation of an S corp, one has until the end of February instead of the end of January. I saw an ad at BP for processing 1099s but missed who the vendor was. I also called a l...
I've solely been buying, renovating, holding for a yr at most to save on taxes the flip immediately. Most of the times I just sell right away. I keep hearing I should use the brrrr strategy but in a sellers market ...
Now using the de minimis/routine maintenance safe harbors instead of bonus depreciation for appliances, carpet and the like. I don't understand why my taxes go up a few bucks when I change move an item (a kitchen appl...
Hello,I have a 401k with 30k in it. I can take a loan out from it for 15k for 5-10 years. The interest rate is 3.5% which gets paid back into my account. So the question is, should I take out the loan on my 401K to he...
I am selling my str but i want to leverage the gains without getting tax hit. Which one would be more beneficial, to do 1031 exchange or buy fixer upper or rehab house?Thanks for your advice in advance.
I am working on a deal with a partner currently to purchase another property for a midterm rental. My partner has roughly 180K in a trading account based out of the UK that he has not been doing anything with for the...
Greetings fellow investors.
So I have a question. I own a investment property that is valued at around 800k. I own it free and clear and I'm thinking of selling it. I really don't want to do a 1031 exchange so I'm l...