Hello All, There are a number of posts about partnerships, but few discuss the nuances of tax implications, especially when one party is primarily interested in this investment for the tax incentives. Would appreciate...
I figured I'd check with the pros on this one... Can you do a 1031 exchange when selling here in the states and buying in the Bahamas? Exploring all my options these days with the rising prices here in the states... A...
Hi,My parents recently transferred their paid-off primary residence (SFH) to me via quit claim deed. My original intent was to rehab the property, hold it out as a rental and open a HELOC on it to access the equity. H...
Does a “subject to” purchase go on a head and closed on record? If so does a seller pay taxes on that purchase? Or does the buyer simply start making the payments on the sellers behalf and he just has the deed deeded ...
Want to pay less money to the IRS in 2024? We’ve got the real estate tax strategies to help you do just that. And get this—you don’t need a large real estate portfolio to benefit from these money-saving tax tips!
W...
The Opportunity Zones program was established by Congress in the Tax Cut and Jobs Act as an innovative approach to spurring long-term private sector investments in low-income urban and rural communities nationwide....
Are there any investors out there investing into Opportunity Zones in California?My company submitted several tracts in San Bernardino that were approved by the government and we are now focusing our efforts to buy in...
As income gets tighter for everyone, it becomes all the more important to find ways to keep more of your money. Keep it working for you, keep it turning over in investments, and keep it from flowing away in taxes. Cap...
Hello everyone! I believe this is my first post. Let me start by saying that I will ask my CPA these questions, but I want to know what I’m talking about a little better first so I’ll know exactly what to ask. This ye...
@Abhishesh Acharya and I have presented some, mostly non-googleable, high-level overview of some tax strategies. I understand this might be very technical for some of us. If these apply to you, please research more, ...