I'm having a hell of a time finding a 1031 exchange intermediary. Anyone have any recommendations in the Maryland area? Also, does anyone know the cap dollar figure for the 1031 exchange? I hear it's 5.5 million. ...
All,
Other than having to pay tax on your capital gains are there any other consequences? Can it raise your tax bracket. or have ony other impact?
If you make $1,000,000 and then pay your tax bracket amount say 25%...
Hello, I'm a newbie in this site and real estate investing. I have a question for all you professional investors. I want to know the best way to setup my company in order to make the most money and pay less taxes. I h...
We are considering trading down with 1031 exchange. Can you ever pay more taxes with 1031 than if you just paid the capital gains from the start? Our replacement property will have a lower mortgage and we will have so...
Can someone explain to me how tax depreciation works as an LP? At what point do I actually pay taxes on my capital gains? Is it really just deferment and at some point I'll have to pay on all of it? Seems like a too...
Hello, my father is selling a ranch that he owns for 4 million and looking to downsize and purchase a lake property for about 1 million. So, this is putting him in the position to have to look at the possibility of do...
I'm considering a 1031 exchange out of New York to a property closer to my location. Does anyone know if states, especially NY, "honor" the tax deferment of a 1031 exchange? Or will New York immediately, or sometime...
A seller named Al provided 80% financing on a commercial property he sold in 2008. The owner (Josh) is now selling the property and Al's loan will be paid off. Can anyone advise if there is a way to further defer the ...
Whether you are new to the note business or an experienced veteran, I would like to share with people some of my experiences and tasks needed to manage your servicerFirst and foremost think of your servicer as no more...
I have basic question that I'm still unclear on. I'm looking to sell my first SFH, which I've owned and rented for 17 years, for a profit. I'm unsure of the tax liability/taxable gain due after the sell. This will det...