Joel Owens
1031 Exchange in danger. Why aren't more people talking??
savethe1031.orgThe 1031 is one of the bedrock's of investing. Why isn't a network platform here of over 600,000 members in one voice telling representatives that they do not want a change to the 1031?
Marshall Secord
Taxes involved when flipping property
Hi BP, I quit my full time job and closed on a property a couple months ago in Philly. I’m doing most of the renovations myself and I’m starting to sift through the potential taxes incurred once I sell. I’m a bit conf...
Amanda Malson
Out Of State Investor
I have a business partner who lives in Texas and would like to invest 150k into a house flip in California. Does anyone know if he would have to pay CA & Texas Income tax on any profit made??? Any other taxes requ...
Michael Episcope
Why Real Estate Investments Are Taxed Less
One aspect of real estate that people don’t always appreciate fully is the favorable tax treatment that real estate investors enjoy.Investors who care only about an investment’s returns miss the very real benefits of ...
Neal Collins
Keeping money in my pocket vs. paying the tax man
Is there any way to avoid paying personal income tax when flipping a house?Could you hold it for longer than 365 days and only be subject to longterm capital gains tax?Alternatively, could you fix it up and call it yo...
Rick Richard
How to use real estate to offset some of the tax hit on a private equity payout
Hi, my wife is expecting a K1 equity payout this year. Can we use our current investment propeties or purchase another investment property purchase to at least slightly offset the tax hit?
Shawn Chase
Another Depreciation Recapture Question
I have been reading about depreciation recapture and understand it pretty well. However, there is one question I cant seem to find an answer to. Upon sale of a rental property I find that I have a capital loss. How...
NA Jones
Tax implications of selling stock to buy property
Hello! I apologize in advance if I'm not using the right lingo for my question.. still new at this :)I'm trying to figure out the tax implications of cashing out stock and using it to buy property. Even though we'v...
Brent T Galbreath
How much Capital gains taxes should I withhold?
I’m potentially about to enter into my first flip. Could anyone give me insight into how much capital gains tax I should withhold? I should be buying it at 88k and selling it for around 120k. I would really appreciate...
Josiah Kay
Pro Membership Tax Deduction
I am interested in getting a Biggerpockets Pro Membership, but I'm wondering if I would be able to deduct it as a real estate business expense. I currently have one rental. Does anyone know if this is possible?