I'm trying to better understand how CG works.example:I lend 100K to my LLC. Purchase a home via the LLC for 70K. 30K expenses ( includes rehab, travel, realtor expenses etc). I sell the home for 140K. Payback 105K to ...

Hello everyone,I live in Washington state and have a few rental properties in Alabama. I want to open a LLC for any future buy and hold deals and keep the properties in an LLC. The LLC will be owned by myself and my w...

I have an SDIRA owned property that my SDIRA owns free and clear. My original intent was to hold it as an income producing property, but I need to sell it and I expect to pay UBTI because I only bought it in July....

WE provide an apartment-size washer and dryer in our apartments because they are on a septic and we want to control how much waste water is going into The septic tank & field.  We have a not-pleasant tenant who re...

Landlords, do you rent to people with recent bankruptcies?  Normally, I would not consider it.  But, thinking about it, they have serious issues in managing finances, but I think they can not refile for a while, so in...

Hello All,If you purchase a home for a rehab sell it and then use those funds to purchase another rehab and continue going. Do you have to pay capital gains taxes on that profit earned or is that considered 1031 excha...

What amount is considered income on house flipping for tax purposes?I purchased a home for cash-no mortgage for 25k put 25k in repairs in and sold for 79k, net 71k. How can I defer or decrease the taxation on income. ...

Hi guys!I've got an interesting additional room on a flip property. Looks like the bottom 1/2' of everything structural has eroded/eaten away/magically vanished!Now I'd like to retain this room but, clearly, it needs ...