Michael S.
Cash out Refinance Tax Implications
There are several posts on this topic but I am still struggling with a clear understanding. From what I have read on BP, it seems like there is no taxes that will need to be paid when one does a cash out refinance. If...
Scott R.
Passive income negative, do I even bother rental income taxes?
Properties generated $110K last year, I stopped at $120K losses before even going into expenses. I don't want to dig through expenses and itemize all that crap since I'm already at no income. So do I even need to file...
Josh Myrick
501c3 investing idea
I need assistant or advise on the feasibility of one of my crazy ideas. Or what seems crazy to me.
Is it legal to create a 501c3 organization to buy investment properties and rent them out at fair market value?
Ess...
Grant Lovelady
Financing Options / Ideas
Checking with the community to see if people are still Cash-out refi'ing. I am not scared of rates but they keep getting worse and my normal lender will only loan so small. I have a few properties I would like to refi...
Jaime Navarro
Taxes implications for buyers and seller on finance deals!?
Taxes implications for buyers and seller on Seller finance deals!?I’m working on a seller finance deal and have some questions on Taxes.Seller: Family member Seller’s Purchase price in 2009: $180,000Property owned fre...
Todd Magin
Transferring Equity Investment From Solo401K into Roth
How do I determine the value for tax purposes of an equity investment when transferring ownership from a Solo401K to a Roth account? If I invest $100K in an equity deal (syndicated or crowdfunded) using my Solo401K a...
Tyler J.
Tax Question for Rehab in 2012
My first rehab is set to close in less than 3 weeks.. I rehabbed the house and all repairs and costs were done in 2012. My question is for my taxes, do I need to do anything with my remodel receipts or anything for 20...
Christopher Steiner
Checkbook IRA Pros & Cons
Hello BP Community! I am interested in note investing and would like to rollover some 401k funds into an SDIRA for my first purchase. I am trying to understand the differences (pros / cons) in the model where the cu...
John Hickey
1031 with hard money
I rewrote this a few times I know its a handful, thanks for looking. Feel free to shoot holes in it.Got a q for you BP. I am doing a 1031. I have a CPA and a QI. I understand that advice here is not professional, even...
Muju Hussain
Need advice for buying a second investment property
Hello BP Community,I need some advice for my second investment property. I have been owning a property now for five years, and it is my primary residence. I am interested in another property that is for $450k in a g...