Valentine Sviatocha
Advice needed - foreign investment tax implications
Hi,
I wonder if any CPA can help shed some light on this situation:
If a green card holder with foreign assets want to buy a home in the US, what are the tax implications if he/she transfers money state side for a do...
Matt Said
Implications of exiting a 1031 Exchange
Does anyone know the high level implications of undoing a 1031 exchange? Obviously the tax implication one is a big one. If the property is sold at a loss, can you unwind a 1031 to off set the gain on the sale of in...
Saika Maeda
ADU permit or not; financial implications
Hi all, I’m almost in escrow with this single family home in LA with an un-permitted large ADU with a Certificate of occupancy. An architect told me that even though ADUs should not be bigger than 50% of the main hous...
James Gates
FIRST BRRR Complete! Details + Pictures!
Hey Biggerpockets!My partner and I just completed our first BRRRR and we are so STOKED and THANKFUL for the education we have received from this website. I am writing a summary of this report in the hopes that someone...
Rafael Ro
Safe and stable investment: Do I buy rental properties or keep money in a HYSA?
Hello all,
I would really appreciate your insights here.
I live in CA and have a family with 2 kids - we're not moving anywhere. Have about 50k I would invest (access to more), with excellent credit and good income ...
Jack W.
Retired - Buying/Selling/Holding properties - tax implications
My in-laws are retired, they have owned a "winter" home in AZ for a couple years, and a within the last year or so purchased a "summer" condo in MI after selling another home in MI to be closer to us and their grandch...
Jackie F.
From Primary Residence to Rental - Tax Implications?
I know I can ask my tax accountant, but wanted to get a general feel for what I am thinking of doing.This home was my primary residence for 3+ years then it became a rental for the past 1.5 years.How does the capital ...
Steve R.
Rising interest rates and implications on rents
With interest rates rising long term, is it good for rental property owners? Given that the rates are heading higher it would be even more tougher for the tenants to qualify for a loan and buy. Hence potential pool of...
Noureen A S.
New Amazon Distribution Center in Garner: Implications?
Does anyone expect home prices to rise of the next few years in Garner now that Amazon is bringing a new distribution center there? How do you think the new center will affect the market?I wonder if it will bring main...
Joseph Shaggs
tax implications of deeding title to property
Hello! What are the tax implications of an individual deeding the title of a property to a partnership or corporation? Specifically, if the title to a property is in my name and I deed it to an LLC (setup as a partn...