Selling my primary home after a year and a half of ownership. Bought for 300K, selling for 340K. Quick research tells me I'm going to be paying 20% on the 40K profit. Is there any way to avoid this? I am planning on b...

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. ...

In "The Millionaire Real Estate Investor" by Gary Keller, he mentions using an IRA to invest in real estate to avoid the taxes. Is anyone doing this? How does it work? When I leave my W2 job, can I transfer my 401k...

I am hoping a tax pro can help with the proper reporting of this foreclosure scenario.

I purchased a duplex and owner occ in 2005 and held title as a single man.

In 2010 I quit claimed title in to an LL...

I have a client that sold his land and would like to use his 1031 exchange to buy his mothers land. She bought it less than a year ago in September. Is there a way we can work around her paying capital gains? 

My wife's client looks to clear about 500 K after selling her 4unit property. What's her best option to avoid heavy capital gains? An annuity? She's buying another home moving to TX. MY

What's the most cost-effective way to prepare taxes for a basic partnership?  I started an LLC with 6 partners with the purpose of constructing a home and selling it in NY State. The LLC has incurred only expenses thu...

Hello Bp,
I would like some feedback on this creative financing I am trying to do.
I have done 2 successful flips and also have one 1 buy and hold.
Now that I have a little skin in the game I’d like to ask my dad ...

If I were to buy a future retirement home in a SD IRA, is there anyway for me to take ownership of the home without taking the entire distribution in the year I were to move into the home? For example, if after I t...

Hi, We currently manage a few vacation rentals on Airbnb in both CA and NV, (3 in CA and 2 in NV), and we're acquiring a hotel in CA right now. We live in NV.I did some research about setting up LLC/c-corps but still ...