What are the real tax benefits to the seller when transacting via purchase money mortgage...I can see if the property is not a primary being taxed at capital gains for the sale...but what happens when the seller files...
Does anyone have professional guidance regarding how taxes work regarding private lenders or hard money lenders? I was on both sides of this question last year and have not yet filed my taxes.Two scenarios to conside...
Hi BP,
I'm currently relocating for work, and my options are to purchase a SFH from the company I work for (home builder, no discount) or to purchase a duplex and house hack.
Either property I purchase will be tur...
Hello, hope you are healthy and safe.
I'm very aware of section (s.) 212.02(12), Florida Statutes (F.S.) which states ALL money collected from a tenant in a Commercial Property is considered rent and as such it's sub...
How much state tax benefit would I get by putting money into the 529 program now and taking it out for August? I just don't want to tie up money for a small amount.
Before I start i inherited property but trust me I worked me butt off at this business to get it where it is today so it wasn't just "given to me".
So I posted before on this but the terms changed.
My grandma is giv...
Dear Denver Area Investors,Anyone else receive their new property tax assessments for the Denver Metro Area and have sticker shock?We have 4 investment properties in Denver/Aurora & the new assessments average a w...
Hello! I have a single-family home that is my primary residence. Would i be able to avoid capital gains by selling it, then using a 1031 exchange to buy a multi family unit that i plan to also occupy? Also, this has ...
Hi Everyone! I am actively searching for my first multi family property here in the suburban Philadelphia, PA area. I am 24 and new to the investment game. What I would like to do is to get FHA and live in one of the...
Yesterday Ohio legalized recreational marijuana. We're like the 24th or 25th state or something to do so. So now all you Cleveland, Akron, Toledo, Columbus and Cincinnati landlords who's tenants have been smoking the ...