Seetha G
Selling Now - Tax Year Implication
Hello AllI understand that in general there is a 6 month period to close the replacement property. However if i sell now is there any restriction on closing the replacement properties before end of the 2016 tax year?A...
Richard V.
Tax implications for RE investors
Hello fellow BP members!I reside in California and am looking at investing in out of state rental property. With the new tax law in place my understanding is that interest rate deductions are capped at $10,000 per ye...
Richard V.
Tax implications for RE investors
Hello fellow BP members!I reside in California and am looking at investing in out of state rental property. With the new tax law in place my understanding is that interest rate deductions are capped at $10,000 per ye...
Les Jean-Pierre
Tax implications of waiving rent
Hi, I posted in the landlord section but this might be better. I am in the midst of an eviction and am considering waging some rent to end the matter. Is waiving rent the same as a loss?
Joe Boggin
dollar deed transfer tax implications
my father is to take ownership of a property for one dollar. he is 67 years old and collects social security. the property is going to be a hold for a couple years. might be a rental but the decision has not been m...
Jason Hill
Personal to Rental tax implications
My wife and I are about to buy a house in another state to be our primary residence. I'll be moving there immediately however; my wife has to finish her graduate degree and will be moving down in May. That works out...
Jake Kucheck
Cash Out Refi Tax Implications
This is probably one of those things I should just go ahead and ask my CPA, but I thought I would see what the experts here thought first.
I was wondering if a cash out refi or massive home equity line could be used ...
R A
Vacant rental and tax implications
I own a single-family home that I have been able to rent successfully over the past several years. The last tenants moved out in June 2008 after 4+ years. Since then the property has been vacant as I attempt to fi...
Chris Isaacson
cross collateral and tax implications
Hello,If you have 2 properties cross collateralized with 1 lender and you sell 1 of the properties can you roll the equity to the other property with out taking a pay out of taxable profit/income?For example: Property...
Erin Elam
Tax implication on HML loans
Hello BP!I couldn't find a straight answer to this question: receiving funds from an HML ... what are the tax implications for the following year?If i use an HML this year for a flip, they fund me for purchase + reh...