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Results (4565)
Nic DeAngelo Sell My Business —> Invest in Real Estate, Any Tax Strategies?
20 December 2017 | 0 replies

Hi Guys!

I have spent the last several years creating and building up several businesses here in California. I would like to now sell these businesses, take these funds, and invest full time into real estate.

Are ...

Shiv Jey Investing in Hawaii Buy and Hold for an OOS investor
4 June 2021 | 7 replies

Hello all!I'm a buy and hold investor in various parts of the contiguous 48-states.  We vacation yearly in Hawaii and I'd like to get a property out there to help with some of the tax burden (still employed with a W-2...

Dennis Degelmann Buying property Subject To currently in probate
9 December 2022 | 4 replies

Hi all,I found a property where the owners are deceased and a $90k mortgage remains. Am I allowed to purchase this property ‘Subject To’ and take over payments, to relieve the executor of the mortgage payment burden? ...

Wayne A. Scully Utilizing the 14-Day Rule for Short-Term Rentals: Tax Benefits for Homeowners
20 February 2024 | 0 replies

Hey fellow BiggerPockets members!
Have you heard of the "Augusta Rule" or the 14-day rule when it comes to renting out a portion of your primary residence? This tax provision allows homeowners to rent out their space...

Dylan B. Saving on taxes by splitting up property before sale
14 June 2017 | 1 reply

Hello,My grandparents are selling a piece of property for about $800k. Apparently someone told them that they could save on taxes by splitting the property between multiple people and then selling it. I guess the logi...

Jered Collins Question to recaptured depreciation and capital gains tax
28 March 2019 | 7 replies

Perhaps this subject has been discussed in depth before but I want to reinvigorate the importance of understanding the effects of recaptured depreciation and capital gains tax on sale of multifamily properties.  I've ...

Jaden Ghylin Entity for a new flipper
21 March 2011 | 7 replies

I just broke the RE investors code. I jumped into flipping a property without having all the details hashed out ahead of time. I came across a good deal and had to move, so now I've got a property that's almost thro...

Taniya Thomas Stuck with an Abandoned Property What Can I do?
25 October 2015 | 15 replies

Hello all,I have been browsing for months but this is  my first question. Please any advice is appreciated. Due to divorce I filed bankruptcy and included my house. So I thought, but the Mortgage company sent a letter...

Jason Thomas How many rental properties should be held in a single LLC?
23 January 2019 | 2 replies

I am trying to determine the best way to determine how many properties should belong in a single LLC? What is the proper criteria to create a second LLC? I have less than 10 properties now but plan to grow every year ...

David Gore Tax Questions on Installment Sale of Inherited Property
31 August 2019 | 2 replies

My grandfather passed away two years ago. My mother inherited the home, but wants me to have the proceeds from the sale of the home.I have a potential buyer interested in a land contract.I need to determine the best w...