Davey Craig
Looking to add a new member to LLC?
I'm looking to add a Canadian as a member to my LLC (registered in Arizona) and give him 50% owernship. I know I need to file a form L015 "Articles of Amendment" which will add him as a member with the Arizona's corpo...
Julio Gonzalez
Earn tax-free income renting out your home
Did you know that you can rent out your home for up to 14 days per year without having to report the rental income on your tax return? Section 280A(g) of the Internal Revenue Code is also known as the Augusta Rule. It...
Paul D.
Tenants in common - who can claim active participation?
A family (parent and children) owns rental properties as tenants in common. Each co-owner has more than a 10% stake in the properties. One co-owner does 99% of the property management. However, when it comes time to a...
Eliot Rubin
Valuing Condos
Hi all,
I'm looking to jump into real estate soon. I am trying to decide between buying a condo or perhaps a multi family home. I have read that a good method for estimating the true value of a home is to compare it t...
Bryan Lowman
To sell or not to sell.
I purchased a home in 2005. We lived in this home for 10 years and then relocated to our current home. In 2015, the market was terrible, so we would have had to sell the home at a loss. Therefore, we decided to rent i...
Julio Gonzalez
One of Real Estate's Best Kept Secrets
If you are wanting to sell your real estate property, but are worried about paying taxes on the capital gains, a great strategy to consider is a 721 Exchange. Section 721 of the Internal Revenue code allows an investo...
Roy Mitle
Is sec1231 gain considered passive/active?
I invested in a syndicate that shows 1231 gain due to sale of some of its properties. Some of the other properties in the syndicate have not been sold so it is not final K1. This shows up in box10 of K1My CPA says I h...
James Sun
Partnership Interest Sale Capital Gain-Offset with Passive Loss?
One of my investments went full cycle, but the sponsor sold the partnership interest in the properties instead of the property itself. As a result, the gain is reported on Box 9a (Net long-term capital gain) instead ...
Dan Dahlke
When to get Property Management
Hey Everyone, we are up to 7 doors (2 STRs) which I self manage. Wondering at what point or number of doors it makes sense to get a property manager for. Seems like with the additional 3 doors we just picked up its an...
Sarah M.
How to invest 300k euros cash
Hi I am new and just thought I' d jump right in. Background, we own one flat in France where we have 100% equity and a great tenant in place. We have our niche, the town in France where we already have one proper...