Donating appreciated securities to a charitable organization can be a smart way to give, both for you and the charity. When you donate appreciated securities that you have held for more than one year, you can avoid pa...
Hello, Currently my business owns a piece of property that is paid for and has a corporation tied to it. We have a buyer for the property and now it has been discovered that the corporation paperwork was submitted to ...
I am in Oregon and am interested in a referral to a lawyer or planner that can help set up a Charitable Trust. If possible we would like to hold income-producing commercial real estate in this trust. Thanks for any h...
I just bought my first multifamily property and I have been thinking about how to maximize my tax benefits on it. If i can write off property management fees as an expense, can I pay myself (either as a sole proprieto...
Hello Everyone,My wife and I are owning one residential investment property which was purchased for around $500K, 7 years back. Now the property is worth $1,2Millions.We are planning to donate this property as now it ...
Question on section 121 exclusion for cap gains, specifically the timing of needing to live in the property for 2 of the last 5 years. Does anyone know off-hand if that is for the calendar year or exact dates? Assumin...
This is partially related to real estate, but more of a general business question.
I do photography for Google's Street View program, they now provide Streetview for the inside of businesses - this is what I do on th...
Hello I am hoping someone can walk me thru the following hypothetical situation:Property purchased by an LLCRented to Charity for: XRental Income contributed back to Charity 100%: XPlease describe what this would look...
:roll: [b]Please help me with this. We are selling our fourplex in Louisiana. We live in California. Is there anything we can do with the proceeds we receive from the sale to defer the capital gains taxes OTHER tha...
Selling an investment property can result in significant capital gains taxes. To minimize this tax burden, consider the following strategies:1. Utilize a 1031 Exchange: Under IRS Code Section 1031, you can defer capit...