Anthony Jordan
Owner Financing: Tax Implications for Seller
Hey BP, I'm looking to make an offer to buy a single family home using owner financing and want to get a better understanding of what the tax implications are to the seller. My initial thought is that the seller would...
Allison Karrels
Tax implications and timing of purchases
My husband and I are about to close on our 2nd rental property purchase this year (bringing us up to 5 total). We have the cash available to purchase 2 more properties. Is there any tax benefits or reason why we sho...
Leo Gertner
Struggling with refinance and tax implications
Hey all, long time listener, first time caller.My family has to move out of state for my wife's job and we're going to rent out our primary home. It's in Maryland in an area that's been appreciating a lot, so we hope ...
Jeremy Lee
Tax implications gifting a 1031 property
Hey all,I was curious about tax implications regarding the condo I live in (primary residence since 2007) that I co-own with my parents (1031 exchange). They had a prior property that they 1031ed into this condo (and ...
Justin Demember
Tax implications on new rental duplex
A 50/50 partner and I just purchased a duplex with a conventional loan. We have a tenant in each tut came with the property and receive 1000 in rent. P&I is $200 with taxes and insurance NOT in escrow. We have no ...
Ryan Proffit
Private lending agreement and tax implications
Hello team,My partner and I are currently trying to purchase a value add 8 plex. Our banker will let us do 80/20. We are currently at 15%. I recently found a family member willing to loan us the other 5%. I was thinki...
Scott M.
Tax Implications of 6+ Land Contracts
Hey all -
As I understand it one person or company can complete 5 land contracts and only be taxed on the actual payments (installments of say $1,000 / month).
However - if one person or company does 6 or more land...
Danny N.
REO Tax implications & Attorneys' fees
I'm new to BP and to RE Investing.I'm looking to get into REO Flipping, but have a few questions I'd like to ask those that have experience in this area:
(1) What are the tax implications of doing a double close ? s...
Jerry Thao
Tax implications Selling 4plex in LLC
Scenario: Purchased 4plex under personal name in 2016 and owner occupied for 2 years. After 2 years, we moved out and Quitclaim Deeded the 4plex into our LLC in 2019. Now we are thinking of selling 4plex this year 20...
Brian McCarter
Master Lease Options and Tax Implications
I wanted to see if someone had a good book on master lease options and their tax implications. I am trying to learn as much of the hardcore details about how things work before engaging council.
Also if anyo...