My Uncle used to flip houses and he was very successful at it so I usually take his advice seriously.  However, he said something to me recently, that just didn’t make sense.  He told me that I should never pay off my...

Hi all, I see a few different calculators out there but each one gives different results. Perhaps someone help or point me in the correct direction. I'll be selling my only rental soon and wanted to determine the capi...

I recently rolled a 401K into a SDIRA.  At the time, I did not convert it to a ROTH SDIRA.  I have purchased approx $25,000 in notes with the money but they have not been worked out yet thus they are still non-perform...

I'll be selling my own investment property for $245k. I'm the agent representing both sides. My capital gains will be about $150k.I'm thinking about raising my realtor fees (ie 10%-20%) in order to lower my capital ga...

So after using the Fix and Flip calculator for the first time I realized the calculator asked the purchase price, associated costs and desired profit; however at no point did it ask for my expected tax rate. Anyone fa...

Hello guys:I wanted your opinion on my intention of cashing out my 401k and Roth IRA account to use the money to buy real estate. I think real estate market has better opportunities at the moment and more potential in...

Are there special tax brackets for vacation rentals? For example if you do AirBnB, do you pay higher income taxes for a vacation rental because it’s considered self-employment mini-hotel business? And also, if it’s a ...

Can I defer income to 2018 where the tax brackets are more favorable than 2017 by doing the following strategy?  I don't want to tie any more money up in tax deferred accounts, but if I make a deposit to my sep-ira or...

I am a newbie to flipping. The question is when analyzing a flip should I be calculating the capital gains in the initial analyzing the deal stage. I have read lots of books and listened to a lot of different podcast ...

On line 15 of the worksheet for Schedule D the taxpayer enters $38,600 if single or married filing separately or larger amounts if married or head of household. Is this a deduction from your capital gains under certai...