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 ...
This year I got clobbered on some stock investments but am also considering selling a property that will have some gains. Can I offset the gains of the property with the stock losses?
Hey guys, I got married this year and I’m trying to find my first real estate to buy. Because of the amount of standard deductions I will now get, I was thinking that taxes will be better if I get depreciation instea...
When I typed in "2018 tax plan" into the BP forums, I was surprised that I couldn't find anyone talking about the Capital Gains rule to selling your primary residence. Currently you must live in your home 2 of the pas...
Hi tax pros - I have a question about REPS status.First, selfishly, do you believe that my job as CEO of BiggerPockets, which I spend obviously spend essentially all working hours on, and dwarfs activities involving m...
Hi I just went in to contract on my first fix & flip in Scranton Pennsylvania, and I am looking for straragies how to avoid paying big taxes for the capital gains, (beside of deducting of the expances).I heard tha...
I've recently began exploring the idea of apartment syndication investing as I currently work 80-100 hours a week at my full-time job. I am wondering how the tax benefits work for syndication investors and if they are...
Can you use 1031 exchange strategy with a self directed 401k?
Thanks,
Mike
Tax related question on the Capital Gains Exclusion.- I purchased my first primary home in Feb ‘17.- I lived in the house until July ‘19 (total 2yrs 5months)- It has been a Rental from July ‘19 to now. - Roughly $250k...
I’ve searched the forums but can’t seem to find the specific answer.I love the idea of purchasing an investment property with a solo 401k and taking the big tax benefits right now. My question is, although I understan...