Daniel Scott
Capital gain tax on investment property
I have a rental townhouse that we wish to sell when the current lease is up, in about a year. We owe around $100k and its valued at roughly $185k.My question is how will I be taxed due to the capital gain if I do a c...
John Kelly
LLC at homestead house hack
Hey everyone,
House hacker here looking for some legal direction with taxes.
I live in one of two small multi family properties that I own. I get a veterans tax exemption on my homestead. I would like to group bot...
Adrian Schlueter
22 years tax delinquent...
Property is a 3/2/2... appraised value on the county tax report is $132,000... The owner is 22 years behind on taxes and owes $43,000~ in taxes...
The owner is listed at the same address... So let's say I sen...
Jonn Vidal
Cap Gains Ex $500K/marriage + $250K/individual so how much Tax?
Married Couple plus 1 Single person own jointly, selling longterm primary residence for $1M.
Who gets the capital gains exemption(s) and how is it applied evenly across all 3?!
Nick Murray
Using an LLC to purchase home
Hey all!I am full of questions, and I truly do appreciate everyones time and effort in their responses thus far; BP really is an awesome community! Ok so onto the question:Let's say I am purchasing a single family hom...
Michael Zack
Discrimination? How to prevent it.
I had someone inquire about the other unit in my owner occupied duplex. It's an old house and most likely has lead paint. Also, not sure I would want to hear a 3 year old running around all the time. For these reasons...
Michael Key
Finding Insurance when primary residence is a rental
I have a unique situation. And it seems difficult for insurance companies to wrap their heads around it, but I've been told it's very common in places like DC and San Fran.My W2 company is located in Florida, I'm in t...
Jacob Song
Worried about taxes when investing in Multi family apartments
Hello, I am a newbie to Real Estate business and have many questions. Before I was getting all excited about real estate investing, my mom was saying you will be paying lots of taxes if you don't live in it. My mom ha...
Randy Forcier
Has anyone worked with Silent Investors?
I’ve been landlording for 10 years and have acquired a number of properties in that period of time. Recently I’ve had some family, friends and business partners approach me about investing together with the plan for ...
Steve Veen
Accredited vs Sophisticated investors
If you are a Multifamily syndicator, I’d love your feedback on this: What percentage of your deals require accredited investors only as opposed to being open for sophisticated investors? Thanks,Steve