Hello All!
What are your thoughts on holding flips for just over a year to be able to take advantage of the capital gains tax (vs selling in under a year and being taxed at your ordinary income rate)?
Many people h...
BP Tax Gurus,My question is regarding short term rehabs. I know that if you hold a property for greater than 1 year, its taxed at a long term capital gains rate (15% for most people), and less than a year, it is shor...
I just completed my first flip and cleared 10k, I then bought another property and put down 5k on the house. How and when can I utilize the 1031 exchange? I have read several things on this great tax benefit but I ...
Hello, I posted in another forum a similar question.. I am curious about what type of entity Canadians investors use for lets say 2-3 rentals in the State of Florida... in term of the less expensive yearly costs and a...
I have some questions on handling and structuring multiple syndications. (Im in the process of learning syndication structure so excuse my ignorance on the subject.)Once I get a few deals going at the same time I will...
What do I do if I want to rent out my second home with a rider? Is refinancing only the option?
If I leave as is, will I be able to claim the property as rental on tax return or is it a violation? (i.e., do banks and ...
So when you flip a house and make profit from it, you basically getting tax alot, like around 40 percent, is that correct? How are all these people flippers making money , i assume that there ARV is really good then t...
Advice for how to proceed for an investor new to Baltimore City and the property has termites? Walk away? Ask seller to pay for some kind of warranty against re-investation? Thanks for any and all suggestions and stor...
would appreciate any information
If so, I assume all cash flow (in & out...that is, income and expenses) must come into and be paid out of the IRA account, yes?
Advantages/disadvantages?