Joshua Smith
Home Loan for Real Estate Guy
I own ~9MM of real estate with a partner; but I'm trying to buy my own house, and it's challenging! Any ideas?-My tax returns look crazy because all my income is offset by massive depreciation. Last year, my taxable i...
Maxwell Ventura
State Level Tax Question San Diego & Hawaii
Asking for a friend who's primary residence is here in San Diego and owns a 2nd home / vacation property in HawaiiHis tenant in Hawaii wants to buy their house from them — He has cash and is offering $390,000. They bo...
Carlos Little
How to report taxable gains on NPNs
Hello everyone,
I am about to begin investing in notes myself, but I have a conflicting question posed by a client of mine who also invests in non-performing notes.
How do you report any gain from these...
Daniel Han
MF syndication tax benefit and stratergy
Just trying to make sure I understand correctly the benefit and tax consequences of multi-family syndication investments.Let's say you invest in a hypothetical syndication deal as a LP, ~20% IRR (2.5x multiple), 7% Pr...
Charles Moore
Invest in State Income Tax states vs. Non-State Income Tax states
Hi, all!Am seriously looking at buy-and-hold investing out-of-state due to more expensive markets here on the West Coast. Am located in Washington, which is one of only 7 states in the US that has no individual state ...
Eric Marlow
Self directed IRA
My question is when you buy real estate with a self directed IRA do you have the title of the property? Can you sell the property for a profit and put the total sale right back into your SDIRA? If you pass away do yo...
Ibrahim Hughes
Seller's 1099 Concern Prohibiting Her From Doing A Short Sale
Hi All. I have a seller who doesn't want to go through the process of short selling two abandoned investment properties because they don't want to get a 1099 from the lender and pay taxes on the forgiven debt.
...
Rick Garrido
Using Self-Directed IRA in a Defficiency Judgment State
Hi, All,I'm considering purchasing a property in Ohio using my self-directed IRA for the downpayment. However, I'm being told by the account custodian that loans on a self-directed must be Non-Recourse loans. Since ...
Austin Bright
How to calculate Debt to Income
Below is a snap shot of a P&L on a potential investment property. How exactly is D/I calculated. I'm confusedIs it PITI/(.75*2400)=(1246/1800) which is 69%? Is the D/I something else?
Hudson Doyle
Unexpected Paper Profit Tax Liability
I bought a 2 family the end of 2012 and have now completed my first year as a landlord. My accountant recently provided me with my Schedule E tax return for 2013 and I was surprised to see that my taxable income i...