Does this situation sound feasible?Let's say I completed a live-in-flip as a single person. When I sell my house, I have over $300k profit. I have to pay capital gain tax on the $50k surplus. What if I refinanced for ...

I am trying to get to the bottom of this... Have not found a solution on the forums. I want to avoid double transfer tax in PA for a wholesale deal. I was told by a title company that I can use a novation agreement at...

Hello All,This is my first post and it’s a doozy.   My Father in law purchased his home back in the 80’s.   It’s in California and the tax basis is quite low.   The home is owned in a Trust and his 4 children are the ...

Hello friends,
What are the rules to avoiding capital gains tax?
I believe it’s a minimum of living in a primary residence for two years. But what about turning it into a rental after the 2 years?
My first house I ...

I'm looking for way to avoid triggering a property tax reassessment upon a potential purchase of a Multifamily property. The property was last assessed in 2016, and is still taxed at far below market value. This speci...

Hello!I am a first time house hacker. I will be closing on my duplex soon with a fha loan. I will be renting out my current primary residence and moving into one of the units of the duplex while renting the other side...

I took out some equity on one of my investment properties in 2015 and I am going to use it to put a down payment on another investment property in 2016. Can I do a 1031 exchange for this transaction and, if so, do I s...

I wanted to see if anyone has been able to (legally) avoid paying self employment taxes on the profit from their flips. I met with an accountant and he said I would have to pay a 15% tax for self employment - essentia...

Hello all First post! My firm is purchasing a MF property from this couple in their mid 70s-80s. They purchased the property in 1992 and are looking to avoid paying capital gains tax on the property. What would be the...

Hello everyone! I was sitting here wondering what’s the best way to do this. I’ve just completed my flip house and am walking away with a decent profit approximately $50,000. My question is what’s the best way to take...