Mark Esperti
Seller Financing Multifamily - Implications for the Seller
I have several offers going out soon to landlords who own their multifamily free and clear or have 80%+ equity. I intend to take down these deals with an owner-financed agreement. The general target deal will be ~10...
Damir Mujkic
2021 Flip finishing in 2022. Tax Implications?
Hi,I have a property that I punched in 2021 and will be selling in 2022. Do I need to complete a Schedule C for 2021? Thanks!
Steve Lee
Tax implications on Flipping houses in Seattle
We are rehabbing a house in Seattle and trying to figure out what is the best way to flip the house and pay as little tax as possible on the net profit portion (I assume). The house is under a single person LLC (which...
Assad Oskuei
New construction, Vacant lot and banking implications
Hey guys, appreciate your thoughts on this.We have a vacant lot that we hope to obtain a permit and build a new single family home on. How does this all work with the current mortgage company? I am guessing Id just ha...
Levi Day
Air BNB in Primary Residence- Tax Implications
Hello all! My wife and I have a 2500 sq. ft. home as our primary residence. It is way more space than we need. We have been considering doing a short term room rental out of it. The thing is, we would like to sell th...
Duke Giordano
Real Estate Syndications/Funds and Tax Implications
Hello All,
I am looking to dabble in the Real Estate arena and mainly looking at syndication deals as well as Funds that have tax benefits. My goal is primarily to diversify from the market more than a public REIT, ...
Zeb B.
Tax Loss Harvesting Implications on Mortgage Qualifications
I have about $50,000 in unrealized stock market losses in my taxable brokerage account. I'm considering selling some of these securities for tax loss harvesting. I don't plan to change my exposure to equities, the pro...
Kenneth Hynes
Tax implications of new roof claim / settlement
BP Community I am researching how to handle my situation on my taxes. Background last year had some hail damage to one of my rental properties. PM looked at, called in estimator and said needed to repair / replace...
Ian Russell
Tax implications when I sell a property
Hi I have a property in San Jose California that I bought in 2011. It was my primary residence until last year when a job took me out of state. I still own the property but it is now a rental. I have rented it out ...
Account Closed
Tax implications for out of state purchases
Hello all. I have been a Pro member for a while and have really enjoyed listening to podcasts, reading posts and other forum information. I have seen Dave Van Horn, Brandon and several others that have been buying o...