I am still a bit confused about the whole topic of tax benefits from having rental property. Can anyone take a look at this example, and let me know if I am doing this correctly?
An investor has a full-time job makin...
Investments in Opportunity Zones can offer great tax benefits, but when combined with a cost segregation study, the benefits can multiply.
An Opportunity Zone are areas that struggle with poverty and lack the necessa...
Does Rent Hacking work better than House Hacking in most markets? I am wondering whether it is better to rent hack than house hack in most markets.
TAX QUESTION!I am partnering with an individual to do a live in flip. I would live in the house for at least 2 years (to avoid capital gains tax) before selling. My partner would not be living in the house. Will he al...
I am yet to make my first investment- but have been doing my homework and saving, and I'm "almost ready". I work in a secure, full-time employed position, and I love my job. To be clear, I do Not intend to quit anyti...
Has anyone taken advantage of a Qualified Opportunity Zone investment? See link for more info - https://www.irs.gov/newsroom/opportunity-zones-frequently-asked-questions#designatedThe essence is that you can invest ca...
Looking into multifamily in a newly identified Opportunity Zone and was wondering if I could transfer money from my old employer's 401k plan into a Qualified Opportunity Fund. The goal being to defer the tax and early...
Can someone help explain the new Opportunity zones in the US, how to find them and how they help the investors?
Thanks so much BP community, you all rock! I wish you all health and happiness during these times.
I am looking to build a duplex or triplex. I will be living in one of the units. I plan to use a fha loan to build if I can. Would I be able to put the property in my business name since I'll be living in one of the u...
Investors seeking to leverage Opportunity Zone incentives have until March 31, 2021, to place capital gains realized, in some cases, as far back as January 1, 2019. The Opportunity Zone program allows for investments ...