Maxwell Watson
How can I avoid taxes on selling my house?
If I have this right. I have a house I have lived in for 2 years that is worth 500,000 and I have to pay taxes on any capital gain off a property that is over 250,000. Can I Cash-Out refinance the Property to where I ...
Natalie Schanne
Pitfalls? Avoiding Transfer Tax -Flipping WITH the original owner
What are the pitfalls to having a contract with an owner to "flip" his property while he still owns it 100%? Does anyone do this successfully to pocket more money and/or utilize owner "private financing"?For example: ...
Kelvin J.
Avoiding capital gains tax on a short term rental
Hi all.I purchased a property recently with an investment loan, rehabbed it and let it out under a 1-year contract while I live in rented accommodation. I'd like to sell it soon after the contract is up and want to av...
Agustin Rossi
IRS rules: avoiding taxes on up to 500k profit
Can someone please explain the IRS rule that allows homeowners to avoid paying taxes on up to 500k in profit from selling their primary residence? Like what is the specific criteria that this deal and property has to ...
Adam Koch
Private REIT in Self Directed Roth IRA Avoids Taxes?
I'm considering investing in two private REITs within a self directed Roth IRA. The specific funds are DLP Lending Fund and DLP Housing Fund. They invest in 1st position real estate investment loans and direct real es...
David Decker
How to will your real estate and avoid taxes.
My friend came to me with a question? He asked - how can I (will) my portfolio of multi family and strip mall commercial real estate to my family, without them having to pay any tax or is the even possible? I wasn't e...
Michael Plaks
Reminder about TurboTax, H&R Block and avoiding tax professionals
This is a screenshot from a private Facebook group for tax professionals. The person worked for H&R Block, now works for TurboTax Live and is being honest about their skills: NOT QUALIFIED. And this does not even ...
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can israeli invest in real estate in usa?
can israeli invest in real estate in usa?
if he is not amrican?
Ashan D
John T reed prefers sole proprietorships to LLCs
Hi,
I was under the belief that LLCs or S corps were good entities for a real estate business because it separated business activities away from the individual. So effectively, once I could start signing non-recourse...
Sellen Wei
Should we sell our rental property?
I am new to bigger pocket, and just start reading rental property article this year, since we need to decide whether or not we should sell our rental property(our last primary house).
Here is the story: we purchased ...