Ben Higginbotham
Capital Gains tax on Former rental then Primary
So here is the situation. My wife and I have just sold a property that we have held since 2009, from the time of purchous till May 2016 it was an occupied rental, from may till October of that year it was vacant as I ...
Jack B.
How does capital gains tax affect my W2 income taxation?
I make 350K a year W2, so I'm paying 20% capital gains tax PLUS the surcharge of 3.8% for Obamacare for selling a long term rental I've owned for a few years. But how does the capital gains affect my W2 income taxatio...
Andrew Cornell
tenant paying above market rent to himself
I was assisting a family member who was looking to purchase a multi tenant office building as an income property. I noticed monthly rent for one tenant was about 10% higher than the others. Turns out that the owner...
Florencio Nayve
Converting Traditional IRA to ROTH IRA then to SDIRA
Hello Everyone,I'm planning to buy a rental property using a SDIRA. My questions: Is it better or a smart move to convert my Traditional IRA account to a Roth IRA before I convert it to a SDIRA? What are the pros and ...
Travis Elliott
CAN SOMEONE TELL ME THE DIFFERENCE BETWEEN SELLING IN ONE YEAR OR WAITING
I was wondering what the tax difference is between selling a home before owning it for one year or after owning it for a year.. Is there a set tax percentage rate for both?
Akshay Bhaskaran
Setting up a SDIRA or Roth SDIRA the right way!
I have some questions/clarifications needed around setting up my SDIRA for the purpose of investing in Real Estate (Residential).Current age: 31Planned retirement age: 60Current tax bracket: 25%1. I'm planning to roll...
Shafi Noss
Unrecaptured Section 1250 Gain Tax Rate
Hi everyone, does anyone know if there is graduation for the unrecaptured section 1250 gain for selling depreciated real estate? A lot of sources say it caps at 25% but I am wondering if that is flat or not.
Dmitriy Fomichenko
How to supercharge your Roth IRA or Roth 401k
NEVER CONVERT CASH in YOUR IRA or 401K into ROTH!!!
Here is why. If you do so - 100% of the cash converted is taxable. There is a much better alternative!
The alternative is to set up a self-directed IRA, or better,...
Aaron Voreis
Hold or Sell Rental Calculator
I have a rental property with significant equity and good cash flow. I am thinking of selling two of the properties that have around 100k of equity and rolling the equity into something else, either the stock market o...
Vincent Fong
Crazy thing about Federal Capital Gains Tax
Hi,Regarding federal cap gain taxes, let's say I have a house I'm selling for $1,000,000 and my adjusted cost basis is $100,000 net (I bought the house 10 years ago) My annual income is $5000. Is it the case that:(1)...