Samuel Kunzman
Tax Implications of a Cash out Refinance
Hello, I am trying to determine whether the interest on a cash out refinance for an investment property is tax deductible. I know on your home if you do a cash out refinance that you have to spend the new delta of loa...
Sofia Kolesnikova
Question on Tax Implication in Property Transfer
Hey Guys,
I had a question that I was hoping that someone can answer. My brother and I have a townhome together as an investment property (in Tampa, FL). My brother wants out of the property. I do not want to sell. M...
Steven Torok
Tax implications of reinvesting 100% of profits
Hi all! I would like to understand what general tax benefits exist if 100% of rental profits are reinvested into new properties.I own, through a LLC, a few rentals which are fully paid for, and am in the position to ...
John C.
Tax implications on buying/selling defaulted paper?
I know nothing about notes. I have the opportunity to buy a non-performing note at a discount. The note was in a pool sold by a portfolio lender to a "loan workout" group at a substantial discount. I know the property...
Cathy M.
Tax implications, setting up foreign private lender
Hi - We are in the process of purchasing US property to flip with a loan from private investors from the UK. We are paying an interest rate as opposed to a share in the profits. I was wondering if any of the tax/...
Trieste Matte
Tax Implications of flipping in South Carolina?
Are there any specific considerations to make when flipping in South Carolina? Any state-specific tax concerns? Thanks in advance!
Jeremy Bernard
tax implications on a 401k early withdrawal
Good day BP Family,I've tried to search what kind of taxes I'd face with an early withdrawal from my 401k and have not really found the answer to my particular question. Just using roundish numbers, my annual salary (...
Zeb B.
Tax Loss Harvesting Implications on Mortgage Qualfications
I have about $50,000 in unrealized stock market losses in my taxable brokerage account. I'm considering selling some of these securities for tax loss harvesting. I don't plan to change my exposure to equities, the pro...
Shack R.
Tax Implications - First 2-Family Rental Property
Hi all, pretty new to the forums.My brother and I have opened up an LLC and have put an offer on our first 2-family for a rental. We have some questions on loans/tax implications for the business that we're hoping to...
Jackie P.
Tax Implications of Flip and Option Cancellation
1) Investor 1 takes over a house subject to a 65K balance and 3K back payments. Deed executed between seller and Investor 1.
2) Investor 2 puts a 1K option on the house with Investor 1 at a purchase price of 75K.
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