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Results (10000)
Evan Jarvis Paying with (someone else's) cash - Tax implications?
25 April 2016 | 1 reply

I have a deal under contract and have raised some capital from a private party to pay for it.  The lender will be treating this as a "personal loan", meaning I will technically be paying cash for the property and have...

Shennay Linton Wow overwhelming people
5 May 2021 | 10 replies

Certainly love you should have a separate lease and also make sure the tenant has renters insurance. But you all are jumping the gun here! No one knows anyone’s story people start business and put all the money back i...

Edgar Duarte should I sell NOW to avoid taxes or hold it for appreciation?
20 January 2025 | 2 replies

hi allI would love to get some perspective from your expertise, we have a property that we would have to sell in 2025 to avoid paying taxes on the capital gains, we believe we can sell it for $700K and get an equity o...

Kevin McCollick House Hacking Question
22 March 2017 | 2 replies

Hey BP,

I want to begin my investing journey by finding a multi-family to house to hack for a price anywhere between $250,000 - $300,000.

A friend of mine and I are considering going 50/50 on a down payment for the ...

Luke Predmore Avoiding taxes on Rental Income
5 May 2023 | 6 replies

So I am about to start renting out part of my home. Is there a way that I can avoid paying taxes on the rental income? Could I have my renters pay my mortgage rather than pay me? Like have them give me a money order t...

Gitit Hefetz Can I pay booth Franchise Tax Board withholding and income tax?
25 December 2021 | 1 reply

Hello,Hoping someone here can enlighten me. I have bought a house for myself with the intention of making it my primary resident. Unfortunately I had to sell writhing 2 years and the property didn't end up to be my pr...

Ashley Wolfe Sales and Use Tax and Occupancy Tax: Do we pay both?
8 April 2019 | 5 replies

I've gotten my first quarterly "pay your local and state taxes" statement for our Sales and Use # that we established for our Airbnb business.  Occupancy taxes for Texas (6%) are already collected by Airbnb on our beh...

20 November, 2023
What You Need to Do NOW to Pay Fewer Taxes in 2024

If you want to pay fewer taxes or outright avoid taxes in 2024, you’re in the right place. We’re about to give you all the last-chance tax tips and loopholes you can use NOW to pay WAY less in taxes in 2024. All of th...

Account Closed Where to put profits from my home sale?
10 February 2024 | 21 replies

We will have a few hundred thousand dollars to invest after our home sale. Not only do I want to avoid paying taxes on that money, but we want to invest it as well. Initially, we would need access to approximately $50...

Damikaz Tormen Canada, negative cashflow rental property to reduce income taxes?
30 November 2023 | 3 replies

Hi everyone,I am currently living in Canada and I'm in a position where I am getting eaten completely from taxes on my salary income. I'm maxing my RRSP, TFSA & FHSA but taxes are still eating way too much...As su...