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Results (6387)
Patrick Hartnett Tax Implications of Sale of Multi-Family (Primary Residence?)
18 July 2020 | 3 replies

I made my first real estate investment roughly 5 years ago, purchasing a 2-Family as my primary residence...living in 1st Floor Unit with my wife and we renting out the 2nd Floor Unit to tenants.
We're about to sell ...

Steve Q. Tax Implications of Living in one of Your Units
11 February 2020 | 2 replies

Help me out here please, smart people!
Is there a tax savings to live in one of your own units vs renting your primary residence somewhere else and renting out all your units?
Scenario with fake round numbers: 3 Uni...

Austin Wang Tax Implications for having wife's LLC manage rental properties?
29 July 2020 | 4 replies

I have a few rental properties that I invested in prior to getting married. My fiance and soon to be wife has an LLC for her investment properties. If she is to manage them, and I pay her, can that income be deducte...

Curt Wortman Minimizing taxes implications on primary residence: 121 plus 1031
4 October 2020 | 7 replies

I'm considering selling my primary residence and moving out of state... yes I'm from the amazing overpriced California. Before making any decision I'm researching what are my options for minimize the tax implications....

Account Closed California Rental Home, non-resident, CA State Tax implications?
25 January 2021 | 2 replies

Hi all,Considering buying/renting a secondary home in California. Idea is to be a short/long term rental property and a place for family to stay (in between the short/long term guests) and eventually use it as a retir...

Rumen Mladenov Using HELOC for a hard money loan - tax implications?
15 May 2021 | 11 replies

Let's say someone takes money out of a HELOC at 8% and lends it out as a hard money loan at 12%. After the loan is paid off, a 1099 is sent to the hard money borrower and the IRS showing the interest received. How can...

Ali Hashemi Tax implication of selling one property from commercial loan
12 November 2018 | 9 replies

I have multiple duplexes under a single commercial portfolio loan. I'm interested in selling one of the properties and leaving the loan intact. If I sell one of the properties is it considered 'taxable gains'? My goal...

Kelly N. Stock option- Sell to buy real estate, tax implications?
22 July 2013 | 2 replies

Hi all,

My husband's employer gives an option when they hand out bonuses- you can take the cash or you can take it in stock. He is wondering, if he takes the stock, what would the tax implications be if he sold the ...

Kathleen Messing Tax implications of quitclaiming a property to an LLC
27 April 2021 | 1 reply

Curious to know whether there are any tax implications of quitclaim deed-ing a property (owned outright) that is owned in your personal name to your own, single-member LLC? And if you were to do it, what do you list t...

Aaron Duthie Selling 1 Unit of a Full Duplex - Tax Implications?
27 April 2022 | 4 replies

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...