Mark Sewell
Transfer of property from LLC to SD IRA
So finally, after much needless delay and procrastination, I have submitted the docs required to move some leftover shrapnel from other funds to a SD IRA here in Houston. Won't be a ton of cash, but might be enough t...
Bruce Jones
Capital Gains on Owner Financed Deal?
Good afternoon Bigger Pockets Community,Long time listener, first time caller. I have a property I purchased via land contract/owner financing deal 5 years ago. I refinanced with traditional financing and a simple fee...
Tiana O.
How to reduce Capital Gains?
Does this make sense? Say someone has a house worth $250k thats complete paid off, free and clear. They want to sell it and avoid some capitol gains. So they do a cash-out Refi to put a $200k mortgage on the property ...
Karen Bidwell Hinz
Tax implications o self directed IRA to pay off existing debt
I have a self-directed IRA with about $120,000 in it. Unfortunately I also have about 110-130 thousand dollars worth of unsecured debt via credit cards. Just wondering what the tax implications would be if I use the w...
Colin Williams
IRA to Self Directed IRA
I have an IRA through my employer that he matches and deposits an annual bonus into every year. I'm wondering what are the implications of transferring it into a self directed IRA? Is that something I can do even thou...
Cristiano Bell
NYC rent stabilized buildings (New York City)
Hi everyone,
I am looking at rent stabilized investments in Manhattan. Does anyone have any insights? Maybe someone who owns an investment property?
I have heard that the new rules are problematic. I am aware of the...
Jason Meszaros
First real estate investment
Hello all, here looking to get some advice as I look to make my first real estate investment! First off I'll explain a little bit about myself. I am 23 years old and rent a small one bedroom apartment with my girlfrie...
Alik Levin
Distribution to parent LLC is income but not child LLC expense
Dear all!I have a company structure where a parent LLC owns children LLC's that own properties. When I look at the books that I manage via QuickBooks Online the distributions from children LLC considered as an income ...
Account Closed
AGI over $150K. What do you pay taxes on?
Seeking some clarity.... If I have an AGI over $150K (lets say 39.6% tax bracket) and I own a rental property with figures as follows:- Annual Rental Income: $40K- Annual Operating Expenses/Mortgage Interest/Deprecia...
Rob MacSwan
Who should be listed as seller? Holding company or individual llc
I am in the midst of selling three properties together in one deal. Each property has its own llc under my holding company. Should my holding company be listed as seller on purchase contract? Thanks so much in advance...