Julio Gonzalez
Opportunity Zone FAQs
Opportunity zones can offer great tax incentives that encourage real estate investors to invest in underutilized and low-income communities. They have become even more popular recently so here are some of the most com...
MJ Sauer
Sale of Land in an S Corp
I am selling a lot that I bought about $7,000 in 2013. The sales price is $110,000. The lot is owned within one of my businesses which is an LLC with an S-Corp tax election. I think this might have been a mistake t...
Account Closed
Creating a start-up with friend: confused about business structure
Hello BP!
My first post here, hopefully of many.
A friend and I have decided to start a REI business together in Florida.
I've been researching different business structures, and the amount of informat...
Jeffrey Morel
Why are people waiting till after the election to buy?
I’ve heard some people state that they are waiting till after the elections to invest in property and wondering if it’s a major change whether who wins.
Kaveh E.
California LLC Fee when selling a property.
I am considering forming an LLC just to hold residential real estate for liability protection. I would quit claim a deed from my personal name to the LLC.-When I sell the property, would I be paying a tax on the prof...
Jacob Patterson
Starting a business entity for flipping Houses
Several questions I have.
-Should I start my business as an LLC or a S-corp? and why? I will be the only owner for now, I will probably do around 3-4 flips this year, and I would like to protect my assets in ...
Ryan Tyree
Help understanding a LP K-1 net loss
I invested in 7 syndication funds in 2023 as a limited partner with the expectation that I would generate first year losses from cost segregation that I could use to offset my gains on my personal real estate investme...
Zack Royals
Do Sponsors/Developers Pay Capital Gains Tax?
Hello All,I wanted to find out if developers pay a capital gains tax, since I have several clients that may be affected by a potential new policy(depends on who wins election)?Thanks,Zack
Cody DeLong
Opportunity Zone Capital Gains Question
I receive a K1 every year through my main business I own 25% of. My % of profit and dividends are listed on it each year and are considered long term capital gains. I haven’t and do not plan on selling shares. Can I ...
John McAuley
Suspended Passive Loss Handling
As a high income earner, I have suspended passive losses accumulated from previous years. As we buy more and more long term rentals (we have purchased 4 in the past 6 months), my wife will be able to claim the Real E...