Arthur Kineard
How do I show income while minimizing taxes?
I own a retail business that is doing well. I want to diversify into real estate as a tax shelter and for money. My primary question is how do I show income after taking advantage of all the deductions? I can take ded...
Trey Read
New SFH Build - Minimizing Capitol Gains Upon Sale
I recently completed building a house for myself and I’m ready to sell while the market is still warm. I can prove I’ve lived in it for 14 months. I’m trying to be creative to minimize my owed capital gains tax upon s...
Nathan Auclair
Cash to close -how do i minimize this?
I recently bought my first multi-family. I offered 7K above asking, minus closing costs. Still, I had to bring over 8k to the table for "cash to close". Is there anyway to mitigate the amount of cash you need to bring...
Luis Leon
Ways to minimize getting burned by go-arounds
No one likes getting the short end especially if your put in your time, soul, and a lot of times even money in to these deals to end up getting burned by shady folks. Looking for fellow birddogs and wholesalers to sh...
Aladdin M.
4th Purchase in Indianapolis - Duplex with minimal repairs
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Indianapolis.
Purchase price: $57,000
Found an investor that wanted to offload some properties and the numbers one this duplex...
Jordan Quisenberry
2nd buy, hold, flip with minimal initial investment
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $68,100
Cash invested: $35,000
Sale price: $170,000
Bought a dilapidated foreclosure. Renovated the basics of ...
NA N.
Minimizing taxes paid on your Rehab/fliping business
Could anyone please suggest best ways to minimizing the amount of taxes you pay for properties you buy, rehab and flip for profit in a short couple of months period?
One scenario would be I use my own cash to buy and...
Benton Rochester
Maximize and rent and minimize vacancy between turnover
Hey all,
Here’s a question for you, I’m spending about 10k updating a property I just purchased.
I have 6 showings this weekend but the carpets aren’t in, the blinds aren’t in, the dishwasher hasn’t arrived and the ...
Rob King
Question about a selling strategy to minimize taxes
Good evening, I have three properties in Honolulu, HI and am looking to sell two in the next 12 months. My understanding is that if you live in a property for two of the last five years you are protected against cap...
Gord Stevenson
Minimize Mexico cap gains caused by currency changes
I bought a condo in Mexico for vacation rental income. It has done fine for the intended purpose. However, even though the purchase price was negotiated in US dollars, my understanding is that capital gains for the ...