Hi all - I have a question on depreciation recapture as it relates to syndications and calculating after-tax returns as an LP (I am mainly thinking about multi-family here). As I understand it, an LP will have to pay...
Hi All,After 30+ years of owning apartment buildings my dad finally but his properties into LLCs (sole owner/series LLCs)! He also set up a management company, he has always self-managed. The idea is for the individua...
Hey all,I wanted to start a discussion on here based on a conversation I had with an investor this morning. He will be liquidating all of his properties and had questions about 1031 exchange vs investing into our late...
I heard that if you are a sole member LLC that you must pay income tax on the money that is in your accounts. But you will pay less taxes if there is more than on member. How does this exactly work? Does having an LLC...
OK, fellow math geeks. I’ll keep it simple…You bought a property for 100K. A house on 1 acre. You paid 1K in property tax last year.This year, you subdivided into two half-acre sub-parcels…one with the house and on...
If you own commercial real estate property, you are probably well aware of how much property taxes can eat into your profits. Finding a professional that understands how to help you minimize your tax liability while a...
Cost segregation has been a major player in tax strategies for real estate owners by reclassifying assets that have a shorter useful life and can be depreciated over 5, 7, and 15 years from the nonresidential or resid...
I have a partner willing to fund the purchase price and half the rehab/holding costs of a fix and flip. Is a shared appreciation mortgage the best way to protect his interest and make sure I'm not stuck with all the ...
Ive asked this question a bunch of times, and get very different answers (from people I meet). We both know when we buy our first (or first couple) properties, they will have to be in our names. My question is, h...
Hey All,I've perused through the Canadian section and there doesn't seem to be a great deal of info on this topic. I'm looking for some information on how one can go about purchasing a rental home in Canada under a co...