First off, I know I should contact my CPA, but I'm trying educate myself on this matter so I can ask the right questions.
I will try to keep it simple.
"My share" of the deal is as follows:
I have a $1,000,000 Option...
I would like to know people's opinion on an idea I have below. I have some (but not a ton) of experience renting and selling properties and would like to know if something is flawed in my logic. Of course I would do a...
I bought a condo in Laguna Niguel CA in December 2009 (7+years ago). I lived there one year then bought a bigger home with my new wife. I continued to own and rent the condo. Cash flow in coastal CA is very hard to...
I'm currently in talks with a Senior Owner to buy his 10 Unit Rental Property through Seller Financing. i have couple of questions Regards to tax benefits to him. so I can speak more Confidently about this deal.
Numb...
We are looking to sell a couple single family homes in Indiana. We have held them for 8-10 years. Is it better to sell them in different years to save on the capital gain tax? I've heard that if you sell them both in ...
I am working on my evaluating 100 different deals before I make my first purchase (I really liked this suggestion) now I have done maybe 20 and found that I’m definitely missing a huge chunk of analyzing these deals. ...
Many people proclaim the wonders of seller financing, and claim that one of the primary benefits to the seller is the "minimized tax burden." Can someone please walk me through exactly how this works? I imagine the na...
I'm struggling to find out best way forward with one of my rentals. I have a rental in AZ that I've been renting to a couple for 6 years now. Their lease is coming due and they reached out to me if I would be inte...
Hey BP!Have another tax related question that I'm hoping someone can help me out on. Up to this point, I have done Buy & Hold on all of my investments so I am not sure how taxes work (aka capital gains) on a fix &...
Moderator: this thread split from another discussion. This started with:
Once I bought 5 adjoining properties for $10 each ($50 total) donated it to a church and took a tax deduction for $26,000 (Chapter ...