Ivett Soti
How to calculate tax implications when investing in real estate?
Hi,My husband and I are trying to purchase rental real estate properties. We are just learning about it, but our plan is to buy a few of these properties (ranges between $80k - $150k) in the next couple of years and e...
Steve Driscoll
Tax Implications for Seller who is owner financing personal home
I am interested in purchasing the home of an elderly couple who wants to sell. They have owned the home for a long time and have seen 10x appreciation. This is their personal home. In the event they owner finance, ...
Paul Beets
Tax implications of using Infinite Banking to fund real estate
Greetings BP:I'm looking for a tax expert that is extremely familiar with the tax implications of using the infinite banking concept (Nelson Nash). Specifically how to take a loan from a policy to loan to my LLC and...
Dallas Waldon
Anyone Know About the Tax Implications of a Foreign Contractor?
We hired an independent contractor from the Philippines through Upwork, but they withhold her payment for weeks and take a hefty percentage of her fee. We want to work around this by paying her directly, but I'm worri...
Sam Einstein
Trying to figure out tax implications of home ownership transfer
Hi all, first post here. I'll try to keep it as succinct as possible. My mom has a home she rents out but with the home falling apart she wants to gift the house to me(so i can do what i want with the land). I know sh...
Suzanne Chan
Establishing a LLC Out of State and the Tax Implications
Hello BP Community, I'm looking to see if anyone has any experience, advice or referral for an asset professional. I live in CA and my business partner are in the process of purchasing another apartment complex in MO,...
Daniel Song
Longterm 20 Year land lease for solar energy tax implications
I have land in a foreign country which I'm planning to lease it to the solar developer. It's going to be a 20-year lease which I'll be receiving the payment in advance. This foreign country allows the lessor to pay th...
Joe Lambert
Tax implications of possible change from Schedule E to C
My wife and I both have W2 jobs. We are currently in the process of refinancing our rental properties. After we refinance, the mortgage and deeds will be in one of our individual names (versus formerly in both), but ...
Mike Mefferd
Tax Implications of Selling Property from one LLC to another
I am looking for tax advice if I sell a property from one of my LLC’s to another LLC that I own. WIth this sale, it would show $150k loss and I wanted to know if this loss could be deducted on my taxes. Looking for an...
Ryan Hoffman
Quit Claim deed investing as rental property and tax implications
Hey everyone, I have a question about an individual I met who says they he "owns" over 200+ properties by way of Quit Claim deeds via pre-foreclosure sellers. In other words, home owners facing foreclosure, $1 deed th...