I'm not your normal investor. I've been doing this for longer than most. My question is this. I've done almost everything for cash the last 20 years and arranged affairs to not pay taxes nor show taxable income. No re...
I have a client who became the trustee for an irrevocable trust that owns two properties. He ordered a title reported to see if the properties held in trust were encumbered. Apparently the IRS has recorded several tax...
http://money.cnn.com/video/fortune/2010/07/19/f_forever_stamps_sloan.fortune/?source=cnn_bin&hpt=Sbin
A funny video about an "investment" vehicle giving a better return than the stock markets....
What are the pros & cons to creating an LLC for your properties? I’m talking about for 3-5 properties, does it make sense? Are there any tax implications etc?
I heard that if a person puts their primary residence in a trust and sells it for a gain, that said gain is taxable.
We all know if a person owns & occupies (qualifies) for the 250/500k tax free gain on the sale ...
Hi Forum,I have a complicated tax situation and am looking for general guidance or a referral to a real estate accountant in California who can help answer.Facts:The property is a California residence appraised at $3M...
Hey guys...I'm new in here. I have been asked to become part of a group of developers who develop on a large scale basis ($500MM +). My job, according to them, is to find investors who want to invest in a "shortfall...
My apologies if this is a bit drawn out. This has been a long time coming but I want to have my ducks in a row when I sit and talk with my partners.
Ahem.....
We own a 2 family home in a suburb of Boston not far fro...
Hi BP community!I need some guidance on how to get this rent to own deal going. I have a property in Tampa and I have found some tenants that are interested in doing a rent to own lease. Do I need to hire a RE attorne...
HelloI am 32 years old, and I currently have over seven figures in the stock market and own over twenty-five rentals worth around $4,000,000 and $500,000 in equity. I will be meeting with an estate lawyer this week. A...