Ken Badziak
recharacterizing ira tax implications
Perhaps a CPA here can answer this question; I asked mine, and he didn't know as I was the first to pose this question to him. He offered to research it, but that costs me money that I don't have now...Earlier this ye...
Victor Medina
Mortgage type tax implications
Are there any differences in tax implications for various mortgage types? For example, if I have a primary/second home mortgage on a property that I turn to a rental property years down the line would there be any dif...
Akshar Patel
Tax implication of sale
Hi everyone,Newb RE investor here. Had a quick question about the tax implication of a recent sale.So I had purchased a single family home in Aug 2015 for 370K. We lived in it until end of March 2017 (20 months in tot...
Ben G.
Private Investor Tax Implications
I have an investor who has offered to give me 15% of net profit after a deal closes if I fund the purchase.What would my tax implications be if say I funded a $20,000 purchase and the sell ended up netting him $10,000...
Joe Wall
HELOC and Tax Implications
I currently do not owe a house, but my parents have thought about doing a HELOC (home equity line of credit) to help me buy a side-by-side duplex. I am wondering about all the details for a HELOC. I was told it can ...
Everett Baker
Refinace Money tax implication
I am planning to refinance my rental properties which are free and clear.
Planning to take out $1mil
Are there any tax implications on this money after the refinance ?
Do i have to invest this money or keep in my ...
Tim C.
Question On Tax Implications
Hi guys looking to get some general advice on my situation. I own 12 properties in cash in LLCs (disregarded entity so I file taxes in my own name not the LLCs) but am a foreigner so have only found 2 banks that can ...
Michael Spindler
Owner financing tax implications
What are the tax implications of owner financing from the sellers perspective?
Nicholas Guy
REFI 2018 tax implications.
Hi BP, Im relatively new to your community and trying to soak it all in . I had an idea to refi my house to payoff student loan debt. This would give me a lower interest rate on both and allow me to write off the inte...
Jackson Tate
Tax implications for gift?
I had a closing today that was supposed to be funded by another closing; however, the folks purchasing my home delayed things too late and so I had to find another option to finance my purchase.
My dad offered to "gi...