Robert Fowler
Tax implications for accepting new position at work?
I work full time for a property management company as a property manager and was recently offered an opportunity to work in corporate. My job title would change to "Systems Manager" or something similar. I also hold a...
Account Closed
Tax implications of investing in a syndicated deal
I just read this great article by @David Thompson, and want to check my understanding of taxes for limited partners in real estate syndication.- Income distributions are taxed at ordinary income rates, but there may b...
Joseph Quarto
Best use of Equity cash vs Tax Implications
Hi all,We have a multi-use building with a LOT of equity and only about $65k left on the 7 year mortgage @ 5.15%, due in 2018. We want to buy with cash maybe a small duplex, where we live in & have a renter. If w...
Say Xiong
Tax implications on moving back to rental property
I have read a bit about the changes in tax implications when converting a rental to a primary residence. Here's my story. I bought my first home in 2003 and rented it out in 2006. Since then I have purchased my curre...
Edward Fedorovich
Tax implications of selling a long term rental
Tax implications of selling a long term rental property that has appreciated and been leveraged.Hoping to better understand my current situation, appreciate any insight.I have a home that I purchased in 2012 for 32k. ...
Account Closed
Bartering parking space for free rent - tax implications
I current rent an apartment in San Francisco for $2130 and have a garage parking space for which I pay $0, as stated in my lease. My landlord wants to turn the garage into ADUs. First he offered us (each tenant) $10...
Garen T.
Adding additional (new) tenants to a lease, implications..
I've had tenants in a SFR for almost a year. It is 3 adults and they all are signers on the docs and had credit history pulled on each one of them. It is a father, his adult daughter, and a family friend. They have pa...
Tanya H.
Tax Implications of Transferring Title OUT of LLC
I want to dissolve my LLC where I am the sole owner with one rental property.
- What are the tax implications if I were to transfer the property to myself?
- What are the tax implications if I were to transfer the...
Steve R.
Resident -> Non Resident Tax implication for investment propertie
Hi,I am currently a Resident of Texas and have 3 rental properties (+ 1 primary home) in Texas and have 1 rental property in Alabama. I am neither a citizen or a green card holder. I will be moving to out of country d...
Phaedra Culjak
What are tax implications when selling a rental?
I currently have 1 rental that has $200K+ equity. I'm considering selling and investing in 2 properties but not sure about tax issues and timing. Any advice? I'm thinking of waiting until next year to see where prices...