Bhanu P.
Capital Gains on Sale of Primary residence converted to Rental
Please help me understand the Capital Gain implication on tax liability for the following scenario.Purchase Date: Aug 2012 (Bought as Primary residence)Lived There: Aug 2012- Sep 2014 (24 months)Rental period: Sep 201...
Jerrod Avegalio
why buy a house on lease hold land?
Why would somebody purchase into a lease hold? Here in Hawaii there are houses being sold on lease hold land. Any input? I just need some additional insight to make sense on purchasing a house that sits on lease hold ...
Paul Bowers
Where is the line between Partnerships and Syndication
I've been looking at some projects and have a couple people that may be interested in putting up some money. I'm a bit confused about the legality/difference between what is considered private funding and what is con...
John McAllister
Can I use a LLC to remodel my home that I bought and use expense
I am in the process of starting construction management & consulting business.At the same time, I am buying a personal home that I will rehab and live in. Can I remodel the home I am buying through my LLC? Legally...
Ethen Armstrong
Ways to Avoid Taxes for Seller
I have an investor friend who would like to sell me his real estate, but he doesn't want to pay a ton in capital gains. Are there ways to avoid paying tons in capital gains legally? I know a little about seller financ...
Jeremy Tran
Transferring rental properties from Parents to my sister and I
Hey Everyone!My parents are in their mid-70s and are looking to hand over their properties to my sister and I. They have been managing the properties by themselves during their retirement, but now they're looking hand...
Duke Giordano
Tax attorney for LLC set up with real estate experience
Hey Guys,Do you have any experienced tax attorneys in real estate that you recommend for setting up a proper LLC for RE investing and Asset protection? I am actually going to be investing mostly as an LP in multiple ...
Corey Reyment
Can I sell someone else's house for them legally w/o a license?
We do some flips and wholesale's and so far have had a lot of success just posting on Facebook and in Facebook groups. We were recently approached by another investor friend who is not big on his following with Facebo...
Peter Keddis
House Hacking Question
Hello everyone. Quick piece of advice. I have a home that is already paid of. I would like to purchase another house as a conventional loan and "house hack it" to get better interest on the home and eliminate taxes on...
Account Closed
4 SFH Build Tax Strategy
I am building 4 single family homes and expect a very nice payout. Interested in how investors/cpas would structure this to maximize after tax return.I bought the property for 800k. The seller didn't know what they ha...