Darren Looker
Pay deferred tax in SDIRA vs. Pay capital gains each year
We have around $25K in several traditional retirement accounts. We'd like to invest in real estate and already have deals lined up. Which is better/cheaper from a tax standpoint- roll into an SDIRA and pay taxes later...
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Tax question on an owner occupied HUD
I am looking at buying an hud house for 41k and investing another 40+k, I will be living in the home for somewhere between 12 and 24 months. I know after 24 months I have nothing to worry about, but what if I sell ...
Johnny Ruiz
Tax lien buying a property buy paying for the taxes
I recently read something that stated if you pay for someone’s property taxes you can put a lien on someone home. And they have a grace period to pay you back. Is this true how does it work?
Andy Horobec
Income from wholesaling to pay off my house
Can I use income from wholesaling to pay off my house without paying taxes on it. Would I be able to accomplish this by quit claiming the deed into an Llc?
Robert Caccire
Tax returns and tax strategy needed
Hi,We're looking for a qualified tax person that deals with Real Estate transactions. We don't think the one we have is qualified with knowing the ins and outs of Real Estate. We seem to be paying tons of money every ...
Jason Wutzke
How Do I Accept/Use Private Money in a Flip without Paying Taxes
I am looking to family members to help finance the down payment of my first flip and possible future investments. I want to know if there are any specific steps or things I/they need to do in order to avoid paying tax...
Akram Mollah
how do house flippers actually make money when all they do is 103
hi - i am a buy and hold investor but thinking about flipping. Flipping homes to me seems like a day job where I am always looking for the next deal and at the same time i never really get any money in my pocket becau...
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Question about paying taxes on the sale of a home!
Hi,
I'm pretty new to this. I'm just starting the process of selling my first home (which my husband already owned when we met so I had no part in buying it either). So I have to admit that I don't know much at all. ...
Richard Tyler
paying taxes in real estate capital gains in another state
Hi everyone. I live in California. I just sold a vacant lot in Oregon that I had owned for 2 years. I made about $20k in profit in long term capital gains. On my 1040 form, I have about $30k to write off for my lo...
Ivan Souvorov
How do I avoid paying tax a private loan return?
Hello all,A few years ago I let my friend borrow 40k for a real estate project.A good portion of those funds are being returned to me this year.Is there anything I need to do specifically with the IRS to avoid paying ...