Richard Boyd
Avoiding taxes with family transaction
I have recently came across the following situation and was wondering if anyone had an input:A friend of mine owns a property that is being bought by a gas station chain. It's selling for about 900,000. My friend want...
Steve Milka
Avoiding Capital Gain Tax
First post and hope this is the right spot. I have been on here for a while reading, listening and looking around and have a question that maybe someone can help with? We have had a rental property in Denver that we...
Kevin Lewis
Avoiding capital gains tax
I took out some equity on one of my investment properties in 2015 and I am buying another investment property in 2016. Can I do a 1031 exchange for this transaction and, if so, can I defer the capital gains tax?
Renat Shamiev
Trying to avoid taxes
I have had this condo since 2011. I bought it for 27k then. I am thinking of selling it now and neighboring units have sold 160k. Until September of 2018 it was my primary residence. So for the last five years at leas...
Justin Brown
Avoiding Capital Gains Taxes
Hello! My wife and I own a vacation beach rental property. With the market going crazy, we are evaluating selling the property (along with some other reasons). The area I am having trouble with are the capital gains t...
Account Closed
Avoiding Property Gains Tax
Hello everyone. We are in the process of developing a few commercial acres. We have two buildings going up that will be offered for sale or lease. This is not our main business. If we were to find a buyer for the prop...
Elliot Freeman
Tax Avoidance on Duplex
I own a duplex in California in which I live in the top unit and rent the bottom unit to a tenant. The property is valued at about $1,000,000. The property tax is about $15,000 annually. To date, I have attributed hal...
Rachel Zhang
Avoid property withholding tax
I live in California. I want to transfer a property under my own name to my LLC to avoid CA withholding tax when I sell it. The county said that if the LLC 's owner is the same as the property owner, then there is n...
Anthony Johnson
Avoiding the Tax assessor
Hey BP and Happy New Year,I know that going to the Tax Assessors office is great when trying to gain experience but I am curious...Is there a better way to get ownership information on a property? If so, then please ...
Michael Fucillo
Avoiding Capitol Gains Tax
Hello! I’m hoping someone here has been in a similar situation and can offer some advice. This is regarding my primary residence (in NJ).The home I live in now was purchased about 6 years ago with a HELOC on my fath...