Is it possible to avoid paying capital gains if i get a life insurance?I heard life insurance has 3 benefits1. It pays you 6%.2. Your money is untouchable.3. Tax shelter
Looking for a tax professional to do my taxes this year. I live in Indiana, but work in Louisville, Kentucky. Anyone know anything getting any of that tax money back? Also just bought a new rental last year.
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- I am looking to sell my 2 houses, both myInvestment homes of over 4 years now. - when I sell them, I will have technically “ made” money. Bought for 20k 4 years ago. Selling for 80k each. - What taxes will I have to...
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First time newbie, but i'm looking into the Cobb County Tax Commissioner website (cobb county Georgia https://cobbtax.org/taxsalelist ) for tax property auctions. Most are only around 4k (even though zillow has the pr...
Hi, I have purchased a 3 unit multi fam property under LLC (50/50 partnership husband and wife in NJ which is Non-community state) and financed (100%) through hard money lender(personal guarantee). After the rehab was...
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Looking to use a friend's money who is interested in investing to buy rentals and flips.
Two questions:
1) can I borrow money from him, like an unofficial hard money lender, without us being in an LLC together? He...
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Selling a property comes with numerous challenging tax hurdles and cash flows manage. Handled properly, you can save thousands of dollars that can be used for future purchases or renovations. Proper tax and investment...
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Ok, So here is the scenario. I recently completed a BRRRR and used another person to help fund the project. I gave them 15% on their money for 3 months. Now that I have refinanced the property, I will be paying the...
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Indiana is a tax lien state with a one year redemption period at which time you are issued at tax deed if the property is not redeemed. I've been watching the tax sales and there are some houses that are acquired at ...
Wanted to see if anybody has done this type of deal and how did you structure the deal?