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 ...
Aaron Scott
Tax implication on partner split at sale of property
So I'm going to lay out the situation the best I can and ask advice. First off, I'm in Alabama. Myself and a partner went in as partners on a flip deal, where he bought the house and we split the costs of rehabbing. I...
Debbie C.
Monetized Installment Sale - viable alternative to 1031?
Does anyone know how difficult it is to do a monetized installment sale as an alternative to 1031 for deferring capital gains taxes? My CPA and real estate agent don’t know anything about it, and I don’t know how get ...
JJ Jackson
Kansas City multi-family financing
Hello, All,
I'm researching a multi-family purchase opportunity in Jackson County Missouri (10-20 units). What institutions and specific contact favorites do any of you recommend?
What terms can I expect for such a...
Account Closed
BIG LIST of the best real estate investing books...
Recommended Books Investor MindsetThink and Grow Rich by Napoleon Hill Secrets of a Millionaire Mind by T Harv Eker Rich Dad, Poor Dad by Robert Kiyosaki & Sharon Lechter Cash Flow Quadrant by Rob...
Zack Aboona
Recommended books on multifamily investing
Greetings, I
have started listening to podcast starting of this year, and multifamily
investing is one of the real estate business that I would like to educate
myself about. I probably will not be able to invest...
Vidyadhar R.
can you invest capital gains in RE for tax avoidance
Hi tax professionals, can anyone please advise if we can invest the capital gains from stocks in RE to defer paying taxes something like a 1031 exchange? Is this possible? and how to go about it. Thanks.
Alfred Litton
Paying Taxes with LLC if You Don't Want to Take Profits Out
So my wife and I created an LLC with an EIN and are about to fund a company bank account with our savings. It's a multi-member LLC, and I know we have to pay taxes on the profits (minus allowable deductions for the bu...
Eric Sipe
What I learned from reading these books
I decided to make a list of a few of my favorite real estate and/or investing books and to write a brief note of the main (I defined “main” as the most enlightening) thing I learned from it. Here are a few of the book...
Jacob Rahn
Similar services to the "Nomad Capitalist"
Hi there I'm looking to get involved in international real estate investing and I have come across the "Nomad Capitalist". I understand he is quite expensive and is only for high net worth individuals. I am looking fo...