Clint Moore
Tax implications on repaying business investment money
My question is what concerns do I have if I repay myself the money I invested in my S corp or can be LLC. My plan is to put money in my already established S corp or start LLC. Buy a home cash sell it to myself on co...
Paul W.
Any tax implications for cash out refinance?
Are there any tax implications when you cash out refi on a rental? If your lender allows a 80% LTV, you just get a check after closing and no worries ?
I'm curious if people do cash out re fi to their max LTV and the...
Jack B.
Implications of buying more investment rental houses?
I'm looking at the issues and risks for buying more rentals as investment properties:Cons:-Difficult to get your money out without capital gains. Either forced to keep 1031 exchanging or cash out refinance. Could move...
Curtis Maag
Tax Implications for Renting a personal home
i've been in my home for 4 years. I'm debating whether to sell it or rent it. If I rent it and then go to sell it x years down the line, do I still have to pay capital gains since i've lived in for 2+ years? Or do ...
Andrew MacLean
Tax Implication on Lot splitting - Nova Scotia
Like most people I'm on the hunt for a proper BRRRR which as most people can tell has it's challenges. I'm looking at developing Area, smaller municipalities with some R-4 Rural (Duplex or Rural Comm) that could be us...
Phil Acnodnem
Buying property below market and tax implications
Hello Bigger Pockets Community,I am looking to buy a property in California below market value from a family friend. While the house needs repairs, it still will be a great deal for me. My family friend is looking to...
Samuel Kunzman
Tax Implications of a Cash out Refinance
Hello, I am trying to determine whether the interest on a cash out refinance for an investment property is tax deductible. I know on your home if you do a cash out refinance that you have to spend the new delta of loa...
Sofia Kolesnikova
Question on Tax Implication in Property Transfer
Hey Guys,
I had a question that I was hoping that someone can answer. My brother and I have a townhome together as an investment property (in Tampa, FL). My brother wants out of the property. I do not want to sell. M...
Steven Torok
Tax implications of reinvesting 100% of profits
Hi all! I would like to understand what general tax benefits exist if 100% of rental profits are reinvested into new properties.I own, through a LLC, a few rentals which are fully paid for, and am in the position to ...
John C.
Tax implications on buying/selling defaulted paper?
I know nothing about notes. I have the opportunity to buy a non-performing note at a discount. The note was in a pool sold by a portfolio lender to a "loan workout" group at a substantial discount. I know the property...