Jenny L.
Insight needed on this deal structure/tax implications
I posted this on the Tax Forum but received no responses so thanks in advance for your help!We are trying to find a way to creatively finance a rehab and resell deal. What we’re thinking would be structured like this:...
Carrie Aldridge
Tax implications of renting below FMV in ATL
Looking for advice or credible resources on understanding the tax implications of renting below fair market value (FMV).Background:I'm considering purchasing my mother's condo and renting it back to her for below FMV ...
Peter Morgan
Depreciation per unit vs square footage tax implications
Hello,
I wish to know what are some best practices to depreciate an owner occupied two unit property is it by square footage or per unit? More often than not the square footage of the each of the units of a two famil...
Tyler Brown
Trying to wrap my head around tax implications
I'll preface this by saying I've already taken these questions to three separate professional accountants. One straight up told me he has no clue, and the other two gave conflicting answers. So hopefully the interne...
Scott Johnston
Cash out refinance distribution to investors (tax implications)
We are looking at building a model where we refinance to pull cash out and return capital to LPs. Typically cash out from a refinance is not taxable but does it become taxable if excess is given to LPs beyond their in...
Lilly Fang
cash out refinance investment property? any tax implication?
I have a rental (market value close to 400K) with 100k mortgage left. I don't want to sell it right now, but want to get some cash out of it. Can I do cash out refinance on this? Is there any tax problem now or when I...
Jerry Ologh
Tax Implication of Selling Primary Residence/Rental Property
Hello Guys, I bought my first property in September of 2015 as a primary residence, and converted it to a rental property in September of 2017 (2 years later). I am planning to sell the property in April of 2020, b...
Rachan M.
Tax implication: rental property with full-time job
Hi all!This is a fairly straightforward situation that I'm sure many people encounter.I have a full-time job and am new to investing. If I were to buy a rental property that rents out for $500 less than expenses (mort...
Dennis Melo
Tax implication of selling stocks to buy cash.
Preface - I'm new to real estate investment.
I recently made an offer on an REO. My offer was a cash buy so I was asked to provide PoFs (little over 200k).
My offer was accepted and had to sell a good amount of my i...
Matthew B.
Tax Implications of Quit Claiming to Other Entities
I was originally posting this for my parents, but the more I think about it, the more I want to know for myself.My parents have around 15 or so rental properties owned by a single S-Corp which also owns a non real est...