We have a multi-member LLC are at the point that we want to begin taking money from our rental business.  We can choose that the return is either counted as "return of capital" or "profit".  If I take a return of capi...

I have a seller who wants to sell me a large portfolio of houses, he will owner finance the entire package. His big concern is that he doesn't want to get hit with capital gains.  Any suggestions?

I bought my townhome in March 2021 and will have lived there for 2 years in March 2023. I plan to move to be with my husband (military) in December 2022 and rent out my townhome starting January 2023. I hope to rent o...

Hi BP community. I’m working on a fix and flip deal. I am not very liquid at the moment. I have lots of saving in stocks. I also have the ability to take a $50k loan that would cover my closing costs. It would be 15 y...

Looking at a note fund with ppr capital paying a preferred return of 12%.  should i purchase some with my household equity line of credit at 8 %?

Building a tax advantaged retirement plan...best ways to invest extra funds + smart exit strategy from rentals.. We may decide to return early...We are looking to build a retirement that minimizes tax obligation, lowe...

Hi guys,I need help figuring this out before hitting the CPA office.House was bought in the 70s 80k, single, 200k renovation, market value 3.5 mil the house in California....how much capital gain taxes state and feder...

Hello, just needing some clarification on capital gains rules.  If i flip a house in under one year thats short term cap gains correct?  At what percent does that get taxed?
now heres the caveat.  I heard/read somewh...

Hey everyone,
I recently became a real estate agent and am selling my own flip. My question is for taxes is it better to not take commission and take the profit as capital gain or take commission and it be a taxed li...

I have two entities:
1. Single Member LLC for buy&hold long-term.
2. S-Corp 100% Shareholder for buy&sell short-term.

I am thinking of transferring one of my inital 2004 S-Corp properties that I ended having ...