German E.
California SB 9 - market implications
A few days ago the California Assembly passed SB 9, which now needs to go back to the Senate for a reconciliation process and then go up for signature by the governor. If passed, it would be a step towards resolving ...
Viktor Singh
Self Managing property Tax implications
Hi all,I want to manage my investment property myself and wanted to know how to handle taxes. In the past, I have the used a property manager, and gotten a W9, but how should i do it myself ? Do i need to use some sof...
Derek G.
Tax implications Selling then buying
Hi All!I know this question has probably been asked a million times. However, my searches are proving futile. I apologize in advance. I have currently ony purchased houses, but am now looking at selling some of them.1...
Daniel Warren
tax implications from small apartments
a local deal popped up in my hometown for an 8 unit apartment. works out to a 15.6% cap rate. has 4 2br/1 and 41br/1 and rents are 400/300. 3 empty atm but he says he has calls all the time and stays full most of t...
Ibrahim Hughes
Tax Implications of Short Sales?
Confirming that (generally speaking) a property owner will likely have to report any cancelled debt from a short sale as income? Any way around this if true?
Robert P.
Tax Implications with buying house?
I just purchased a 2 family home which is being rented out. Are there any NEGATIVE things, tax wise, that come from purchasing a home? I know I can write off expenses, etc to help me out....but anything with a negativ...
Lorenzo Bernasconi
LTV of current owner - implications
Hi, My name is Lorenzo and I'm brand new to this forum. I'm very keen to purchase a first home for myself and my family and am trying to learn the basics. I see that the LTV is sometimes stated for the current owner...
Brent Mattison
asset protection and tax implications
I'm looking into setting up a series LLC with a trust as the manager of it. I was wondering what kind of tax implications this would have if any. Thanks.
Michael S.
Cash out Refinance Tax Implications
There are several posts on this topic but I am still struggling with a clear understanding. From what I have read on BP, it seems like there is no taxes that will need to be paid when one does a cash out refinance. If...
David Trujillo
Retirement implications selling primary residence
Good afternoon BP. My father wants to sell me his primary residence and move in with my sister. He is 64 yrs old. He collects social security and has a part time job. The Property is worth around $425,000. He wants to...