Heissen V.
Subject-To Deal:What are the tax implications on subject-to deals
What are the tax implications on subject-to deals?
Does the seller require to pay a gift tax? Any capital gains? (Current market value - Original purchase price)
Richard Andrade
LLC Cash Out Refi Tax Question
Hello! I have a scenario, I wonder if someone with tax skills can help me figure out. Here's the hypothetical:An LLC with 2 members owns $2 million in fully-paid residential real estate assets. No mortgages. The LLC w...
Nicholas Guillemette
Houston Investors- What Cap rates are you targeting/getting?
Curious what qualifies as a good deal at this point in our hot market. Also, in what class neighborhood you have gone to receive such yield.
Kyle Tolbert
Mortgage Notes count as income?
Hello,I just sold one of my property and carry a note "$750K" with 8% interest rate. So the buyer is paying me $5,500 a month for 30 years. I just had the notes for couple of months.Does this count as my income, just ...
Julio Gonzalez
The Benefits from Cost Segregation on Opportunity Zones
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...
April Birdsong
AGI >$100,000 Can't deduct rental losses?
Hi thereI am new to investing, looking at a SFH for my 1st rental property and trying to understand the tax benefits that are often spoken of on the podcasts. But, my CPA says that because my AGI is >$100,000, I am...
Sam Dangremond
Partnership tax basis and long term investing
I have a somewhat specific tax related question I'd like to see if anyone has encountered before.(Standard disclaimers apply, you're not giving me tax advice or financial advice, just looking for general resources etc...
Jacob Johnson
Commercial grade real estate investing - newbie
So, I'm buying my first property, and a broker I'm talking to is trying to tell me about investing commercial grade like 40-60 unit college housing style investments.How is this different from buying a normal investme...
Matt P.
GAAP - Chart of Accounts - Down Payments
I'm creating a Charter of Accounts for our new buy & hold business. I'm obviously not an accountant but I'm trying to follow GAAP practices so my P&L and Balance Sheets look solid for the bankers...What type ...
Daniel Scott
Capital gain tax on investment property
I have a rental townhouse that we wish to sell when the current lease is up, in about a year. We owe around $100k and its valued at roughly $185k.My question is how will I be taxed due to the capital gain if I do a c...