Chris Clanton
Wife is an Agent I am General Contractors income tax implication?
Hello all, I am just starting out in the rehab market. After reading through page after page of IRS documents I still feel that I am missing something. If we purchase a house cash and I rehab using my Contractors lice...
Raquel Yu
Tax implications when moving to NV but work remote from Cali
Hello BiggerPockets Community,
This is my first post! And I'm trying to buy my first property! Would appreciate your feedback/advice if possible. I work for a big pharma and will be working remote probably until Q2 2...
Raquel Yu
Tax implications when moving to NV but work remote from Cali
Hello BiggerPockets Community,
This is my first post! And I'm trying to buy my first property! Would appreciate your feedback/advice if possible. I work for a big pharma and will be working remote probably until Q2 2...
Brad Shepherd
Tax implications of deeding out then back to LLC during loan
(This is not a due on sale clause question.) It's common practice to deed a property out of then back to an LLC during a refinance process in order to get better loan conditions. I'm considering this, but nervous abou...
Caleb Walters
Tax implications on flipping a house we've owned for 30 years
We are going to sell an old house that has been in the family for years. It's a tear-down property. I am running the numbers on the idea of tearing it down and rebuilding it myself, then selling the new construction...
John Blanton
Tax Implications of having one LLC be manager of another LLC
I was hoping I could get some assistance in regards to a tax question about LLC ownership. If you own a portion of another LLC with an LLC you are currently managing are there any separate tax implications? My initial...
Heissen V.
Subject-To Deal:What are the tax implications on subject-to deals
What are the tax implications on subject-to deals?
Does the seller require to pay a gift tax? Any capital gains? (Current market value - Original purchase price)
Karen Bidwell Hinz
Tax implications o self directed IRA to pay off existing debt
I have a self-directed IRA with about $120,000 in it. Unfortunately I also have about 110-130 thousand dollars worth of unsecured debt via credit cards. Just wondering what the tax implications would be if I use the w...
Chris Burke
Tax Implications w/ selling rental property that was previously primary residence
I am looking for some tax advice regarding the potential sale of rental property. Trying to understand what a potential tax bill may look like. Property was previously our primary residence, having lived there for a f...
Mike Hathaway
Tax implications on selling property in Idaho but Live in Washington
I've verified I have no capital gains tax, so that is a non-issue. My sisters and I inherited some property 1 year ago and just sold it. It's in the name of our dad's estate, which I am the executor of. How are taxe...