Chris L.
1031 and what happens if you buy 5 properties and sell one
Lets say you buy 5 properties using 1031 , when you go to sell do you have to sell them all at once? If not, how are taxes then taken out. Lets say the funds in the 1031 were 500k that I purchased 5 properties with ...
Jonathan Ward
Selling property... Sister can't report sale to IRS this year.
Hi,My sister and I rent a property that's in a Revocable Trust. Our tenants have given notice and will be out by 5/1. Being an 87 yr old home, I would like to sell the property. She and her husband have been hit hard ...
Jaret Lara
Deferred taxes on a Creative Finance deal
Hi Everyone,
I'm looking for advice on deferred taxes on a possible hybrid creative finance deal I'm trying to put together on an off market property.
This is the current situation:
House is 250K ARV, built in 19...
John Heeney
401k money for investment
Is there a way to use 401k saving to invest with out getting taxed so much??
Cass Lowrie
What's the best way to tax shelter $250K in flip profits?
In 2019, I'll fix & flip 3 properties with a total of $250K+ of profit. I just set up a Self Directed IRA but it only has $24K in it. Can I invest just $24K from the IRA and then dump all $250K of profits back i...
Elizabeth Goff
1031 Exchange of CA to CA, then from CA to out-of-state
I am selling a property in CA with a pretty hefty gain (great!) and would like to do a 1031 exchange to avoid cap gains taxes. I think the opportunities outside of CA are better from a return standpoint, but am hesit...
Ben G.
Private Investor Tax Implications
I have an investor who has offered to give me 15% of net profit after a deal closes if I fund the purchase.What would my tax implications be if say I funded a $20,000 purchase and the sell ended up netting him $10,000...
Aaron Seelbinder
Puerto Rico Tourism Tax Incentive
I'm working on cap raise for a 160 acre glamping project in Puerto Rico. We're half funded and working with the local government.
I need a little help on approaching investors. The tourism tax protection incentives...
Kevin Christensen
1031 Exchange on a Cash-out Refinance????
Hey gang. I was thinking about this and curious if its possible. Has anyone done it? I have properties under contract that I want to purchase. Can I do a 1031 exchange on a cash-out refinance or does it have to be...
Daniel Han
MF syndication tax benefit and stratergy
Just trying to make sure I understand correctly the benefit and tax consequences of multi-family syndication investments.Let's say you invest in a hypothetical syndication deal as a LP, ~20% IRR (2.5x multiple), 7% Pr...