Hello, I hear that choosing an S Corp election on an LLC is the way to go to avoid extra taxes like self employment tax. I already have an LLC. Do I need a CPA to file this election for me? 

Everyone knows that Capital Gains can be put into Opportunity Zone Funds to defer taxation for 7 years.But what about if you have a mix of gains and losses -- can you elect to treat the gains as gains and invest in OZ...

My business partner owns a large multi-family property that he’s offered I buy into in the near future. I’m very interested in the deal, but he’s owned it for a long time and there is very little depreciation remaini...

Hello everyone! My name is Chris and I am a newbie!  I have the potential of an off market deal with a neighbor of mine in Rhode Island.  They are an elderly couple whom have resident status in another state and are l...

Question-if someone sells their primary residence, offering seller financing, but doesn’t start receiving their repayment until 5 years after selling, will this affect their capital gains? 
Side not if wondering-Sell...

Although the tax reform bill is still in conference and hasn't been passed, and the final bill will require study in conjunction with a discussion with a real estate savvy CPA to understand its implications on my part...

Selling real estate in south carolina and not a resident but there is a withholding tax (7%-10% of the gain) If the gain is $10,000 are they withholding the whole amount or just 7%-10% at the time of the sale? What is...

We are trying to sell a house and have an interested buyer, but because it is an investment home for him, the interest rate is undesirable, and almost too high to make it worth it to him. He has plenty to put down, an...

I have a large capital Loss carryover balance from previous years. If I sell stocks now and generate capital gains, can I elect to defer the gain and use the gain in a Qual. Opportunity Zone fund without using any of...

Opportunity zones can offer great tax incentives that encourage real estate investors to invest in underutilized and low-income communities. They have become even more popular recently so here are some of the most com...