Jack B.
0 capital gains tax if tax bracket is less than 15%??
I'm far from the 15% tax bracket, but my tax bracket will drop drastically in retirement, so I'm wondering if the 0% capital gains tax will apply to real estate investors who sell real estate and are in the 15% or 10%...
Alec Marchand
Starting in Wholesaling
Basically just got out of High School, I'm 18. Just started learned about Real Estate a couple of months ago. Have done some research and found that I want to Flip Houses to make money. Then heard from a wise Thach Ng...
Andrew C.
Asset Protection: Equity Stripping
Hi BP Community - I have an interesting legal situation that I wanted to hear feedback from before consulting our attorney.I recently read the book, Loopholes of Real Estate, and there was a section on Equity strippin...
Derek Tellier
Questions for the CPA's
This may be a general question and if the answer is it depends then please let me know what information might be needed. Clients (Married couple, he's retired, she still works) own and have lived in the same SFR on 25...
Michael B.
legal ??? buy real estate from family member and sell at loss
Not sure if this is legal. I don't want to do anything illegal. I am just proposing a hypothetical and am wondering what people think.My parents own a house in Ohio that they paid 230k for. They moved to Florida a ...
Dennis Walker
Deferred Sales Trust
I'm doing a 1031 Exchange. I'm right in the middle of the 45-day window to identify. I haven't yet found anything that gets me too excited yet and I'm feeling a little stressed about it. The whole thing could blow up...
John Schmiesing
renting a garage: how to?
In my market we have a lot of alley space with garages that landlords typically rent separately from the property to gain additional revenue.
Seems easy enough, but what do you do if the tenant goes south and stops...
Zachary Gray
Cost Segregation and no cap gains
looking to purchase a duplex to live in one unit and rent out the other in the greater Boston area. I intend to live there for 2 years and then rent it for 3. Having lived in it for 2 of the last 5 years i would be ex...
Michael Rodriguez
Wholesaling / property gains
Trying to structure a deal, but wanted help to answer a question. If a wholesaler was to buy a property. Would the owner have to pay property Gains? The reason I ask this. My girlfriends aunt owns a duplex and is thin...
Les Ang
Reporting of Owner Finance Interest
Need advise on 2017 income tax return for owner finance property sale . I sold the property with a 15k gross profit and about 10k interests over 9 years. Instead of having to file interest income yearly, (next year...