Kay March
Delaware Statutory Trust (DST) 1031 Exchange - Costs vs. Capital Gains Taxes
While considering doing a 1031 exchange into a Delaware Statutory Trust (DST), I read that upfront costs for a DST can range from 10% to 18% of the invested equity. Assuming that no debt is involved, Is paying that co...
Thomas F Blaskey
1031 vs Gift vs Sale
Seeking informed opinions on the best tax avoidance strategy...I own a SFR in NoDak. I purchased it ($265,000) in 04/2022 for #2 son to live in while he attends college. I have been deliberately managing it as a ren...
Saran Mandhadapu
Sell Secondary home to LLC to avoid 5 years Capital Gains Tax
Hello,By end of 2018, I would have owned my Second home for 5 years and have stayed in it for 2 years as Primary Residence out of the last 5 years. I am looking to convert that into full time rental property and also ...
Walter Correia
What is the best way to sell a property to avoid taxes?
I am planning on selling my investment property, however, I absolutely need to invest the proceeds. I would also like pay off debt in the process as well. What is the best route to take? 1031 exchange? Or take the pr...
Timothy Solomon
REPS status for wife (to avoid taxes associated with sale of biz)
I am about to sell my business and make a substantial amount of income from it. Does anyone have any experience with getting REPS status and immediately investing the money in real estate from the sale proceeds to avo...
Tim Otto
Cashout Refi on my primary home. How do I legally avoid taxes?
Just closing Cashout Refinance on my primary home. How do I legally avoid taxes?
Trevor Aydelott
Fix and Flip in Ohio and ways to avoid the withholding tax
Okay so I'm familiar with the withholding tax here in California. If your'e a individual doing a fix and flip you would have to withhold 12.3% of the net proceeds you make from the flip. Now you don't have to do that ...
Account Closed
How to avoid capital gains tax on primary residence after 1 year?
Hello,
My wife and I would like to move (not forced due to job) out of our condo that we have only lived in for 1 year. Do you know of any way that we can avoid capital gains tax without having lived in it f...
Madan Anand
Down Payment from Pension/401K Funds & How to avoid Income Tax.
Hi, I want to buy a Duplex/Triplex rental property. I have to make down payment at least 20% to avoid PMI 30 Years Fixed Loan. I am retired. How can I save Income Tax for withdrawal of funds for Down payment. Need hel...
Jameson Hedin
Wanting to sell our first rental. How to avoid capital gains tax
My wife and I are wanting to sell our first rental. We bought it 5 years ago (October 2015) and lived in it the first 2 1/2 years. Can anybody help me with our capital gains tax situation? As I understand it we can re...