Sean Williams
Quit-claiming from LLC to Personal - What Taxes Should I Expect?
Greetings BPers,This is a question directed more towards the accountant gurus of the crowd, or those with experience in this type of specific transaction...I have a situation where I'll be acquiring a property via a q...
Bienes Raices
Using multiple realtors at same time
Is this considered an OK practice, or should I stick with one? I'm talking about a buyer's agent. I would not be signing an exclusive buyer's agent agreements.
Aaron Duthie
Selling 1 Unit of a Full Duplex - Tax Implications?
Scenario: I have house hacked a Full Duplex for 2 years (lived in unit A, rented out unit B). The Full Duplex has two tax IDs, one for each unit, so I can sell each unit separately. Let's say I now sell the rental uni...
Greg Scott
Is BiggerPockets now a Guru program?
@Alicia Marks @Nate Slappey III
What is the deal with the forums showing questions that only PRO members can respond to? Most PRO members are newbies.Is BP now a guru program?
Michael Ndjondo makadi
Can I use several realtors concurrently
Good afternoon all.I am just a newbie and I am wroking to get my fist deal done by the end of this year and I was recommended a realtor by a friend of mine who has been investing successfully for the last couple of ye...
Bonnie Low
Insurance for midterm rentals - Insurers and Renter's Insurance?
I'm working on a research project and am hoping to crowdsource some recommendations about insurance coverage for your midterm rental properties. What are you experienced hosts doing? My questions are:- Policy type: ho...
Eric Bailyn
Gifting Single Family Residence to Son: Any tax implications?
Hi Everyone!
My mother would like to gift her $850K house (100% owned; no loan) to my wife & me. At the same time, my wife & I would sell our $1.5M house ($1.4M is equity), and use the proceeds to 1) transfer...
Monica Seth
Capital gains question (2-out-of-5-Year Rule)
Thank you in advance forum members. I need clarification on whether the 2-out-of-5-Year Rule would apply in our situation to get full exclusion from capital gains tax.We
live in CA and had purchased a condo in Jan 2...
Christian Mendonca
Do we qualify for a partial exclusion for capital gains tax?
My wife and I bought a coop in NY at the end of June 2014. She moved to GA for a job November 2015, I joined her at the beginning of April 2016. Staring in March 2016 we began renting our apartment to a friend at a sm...
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...