Angela W.
Texas Statute of Limitations Related to Title of Real Property
Texas Statute of Limitations (SOL) Related to Title of Real Property
While not exhaustive, below is a list of liens and judgments along with the Texas Statute of Limitations that may be filed or found in the real pro...
Michael Plaks
QBI calculation for Sch C - accountants are confused, too
Guys, we know that 20% applies to the Qualified Business Income (QBI). Let's ignore service businesses, phaseouts and all other complications. Let's take a wholesaler netting $100k. So, he just gets a $20k below-the-l...
Marlen Weber
The Benefits of Real Estate Investing When It Comes to Taxes
Thanks Theo Hicks for this amazing blog post.
In our recent interview with @Slocomb Reed and Phil, we looked at the importance of real estate investing and tax planning. If you use tax mitigation techniques like cost...
Account Closed
Texas Disabled Veteran Property Tax Exempt multiple properties
Hello everyone,
I understand that in Texas disabled veterans rated at 100% by the VA are exempt from states property taxes. How does this work for those who own more than one property? I referred to Texas Tax Cod...
Alyssa Magyar
Tax rules when selling a primary residence turned into rental
I bought a home in 2021 and lived in it for 2 years. After the 2 years i moved and turned it into a long term rental. If I were to sell the home within 5 years, is the gain on the home still tax free? Or does it not a...
Joddie Partch
Self-Directed 401K Services Provided Conflict
I am looking for a feedback on the potential investment that I would like to make with my self-directed retirement account. I have a client, a partnership, that I provide services to. They are looking to buy a commerc...
Tim Menius
GO-Zone Investing- Just the Facts
As a residential developer who spent twenty years as a CPA Partner in a large local accounting firm, I rarely post much on the various real estate websites. But, in light of the acts that the GO-Zone tax benefits will...
Christopher Davis
Secondary market for tickets?
I just learned of the Conference in Nashville. And actually I just MOVED to Nashville, so it seems like a great omen. I would really like to go. I saw the basic tickets are sold out and I can't afford $999, is there a...
Sharon Li
2/5 Rule for Sale of Two Properties While in Military
Im active duty military, and am planning on selling one of my homes (Property #1) in the next several months, which meets the 2/5 capital gains tax exclusion criteria of having both owned and lived in it for 2 of the ...
Ron Burmeister
ROBS 401K vs. SDIRA and Self Dealing & Prohibited Transactions
I am currently using both a ROBS 401K and SDIRA to invest in real estate. I use the ROBS primarily for Fix & Flips and the SDIRA for Private Lending and Buy and Holds.There is a lot of discussion concerning self ...