Kris Kahrs
Best way to avoid paying Capital Gains Tax on primary residence?
Hi All--my husband & I are in the process of selling our primary residence in Los Angeles. We have a lot of equity, we've been in it for 20 years in a trendy neighborhood. We bought the home for $230K. We may h...
Anton Bachuk
Holding a flip long enough for avoid higher taxes in PA?
I am looking to get my feet wet in real estate and found a property that is in need of renovations in western PA. One thing I'm trying to figure out is just how quickly can I flip it. From what I understand any profit...
Greg Kardos
What is the best way to invest inheritance while avoiding taxes?
Hello,I am to receive a small inheritance and would like to invest this money in real estate. The inheritance, plus some savings is enough for a down payment on a small multifamily.What is the best way to go about th...
Melanie Bounds
Can you avoid cap gains tax - give invest. property to grandson?
I have a client who wishes to give his investment property to his grandson. Is there a way he can do that and avoid capital gains tax?
Thank you!
Melanie Bounds
Phoenix, AZ
Cody Wilhite
$1,000,000 net on primary residence, How do I avoid the tax?
I have a family member who is moving to a new primary residence and is set to close in a few weeks. He does not need any proceeds from the current home to make the purchase. After several months of improvements to the...
Bruce D. Kowal
Can I rely upon my tax preparer to avoid IRS penalties?
IRS is not shy about disputing claims to Real Estate Professional status. It's an easy desk audit for IRS. They query Schedule E losses. And if IRS challenges your claim to be a Real Estate Professional they will s...
Mindy Jensen
Section 199A: Legally Avoid Taxes on the Last 20% of Income???
My friend, The Mad Fientist (guest on BiggerPockets Money Episode 18) is a huge fan of legal tax avoidance.His accountant asked for a tshirt from him, and in exchange, he got an article about "the most exciting new t...
Merrill Delimont
Reinvest my monthly rental income to avoid claiming it on taxes
I have recently bought 1 property, and am in the process of buying the second one. The first home collected rent December 1, and I earned 500 over what I owe. My second property should make 700 each month. My plan ...
Kevin Kim
Primary Home Keep as rental or Sell to avoid future tax
Hello
I will be purchasing new primary home and keep my current primary home as rental or not due to the tax benefit.
Home location: East Bay, CA
Capital Gain: around $200,000 (Purchased 2018 and lived 3 yrs as pr...
Tyler R.
Trying to avoid paying heavy capital gains taxes all at once!
Do you have a positive solution for the below situation?
Someone is wanting to pay off a commercial building early that I financed, because they are selling the building. This person is willing to work with me to co...