I have a piece of real estate owned by an s-corp (of which I am the sole shareholder).It has appreciated substantially in the decades that I've owned it.I would like to transfer it to an LLC (of which I would be the s...

My accountant stated, “The losses incurred on the rental properties cannot be taken and will be carried forward as your income exceeds $150k, thus no losses can be taken against your ordinary W2 income.”I was really s...

I dont normally wholesale properties that are out of town so this is a little strange for me. One of my students has a property out of town. She is here in San Antonio also, but has contracted a pretty good deal on a ...

If I sell my primary residence and have lived there less than 2 years around what tax rate should I expect to pay on the profit of my home? 

Hi BP community! I just talked to a financial planner/CPA and she said that depreciation of a rental property can not be written off as a deduction if your household income exceeds 150K. I could not find any proof of ...

Hello everyone-

not sure if this has been covered but I would like to know how long would one have to stay in said property to escape Capitol Gains and within what amount of profits?

Also if someone pays taxs throug...

My name is Landon from Lexington, KY. I am graduating in May from The University of Kentucky with a degree in economics and looking to expand my real estate portfolio. I have been fortunate enough to have bought a re...

Okay guys.. so in short, we sold our family businesses and now I have a great opportunity to get into house flipping full time. We currently own 2 properties in our personal names and one is almost done. So we want to...

I've been going around a lot of sites, including Loopnet, and have been looking at the Cap Rates that agents are claiming their listings are providing. They'll claim that a property has a 5% cap rate, priced at $1M, w...

I am curious what vehicles are being used to not pay capital gains tax.

Situation.. flipped house with LLC, will have six figures at closing in a couple months. Will I be relying solely on the expenses I can run t...