Nghi Le
Best Way to Gift Property to Family to Avoid Taxes
My brother-in-law has a primary residence (with no mortgage) that he may want to sell to us in the future (and we want to rent it out or do AirBnB). However, we want to minimize taxes for him and for us. Currently h...
Account Closed
Licence For Promissory Notes?
I've been loaning businesses rehab funds for their projects and was wondering if my business activity requires a licence in Oregon state. I'm in Washington and so is the business I loan to however the projects are in...
Jeremy Kuchenbecker
Property Taxes Doubled After Purchase
I purchased a duplex about a year ago. I just got a letter from my lender stating my property taxes were going up, almost double to what they were previously. Is that normal? Is that even legal? Still a great income p...
Todd Nurnberger
SDIRA investing in MF syndication, who has paid UBIT?
Of those who have invested in syndicated deals using their SDIRA/ROTH-SDIRA... How many investors have successfully filed a tax return for their IRA to pay Unrelated Business Income Tax (UBIT)?I see a lot of discussio...
Nicholas Creahan
Can I 1031?
Hey all, I am not looking for legal advice, but just general information. I own a condo in San Diego with about 300k of equity in it. I bought this as a primary residence years and years ago, before I met my now wife....
Navdeep Raj
Capital Gains - Investment > Primary
I'm in the process of purchasing an investment property in Austin, TX. Without lot of research I assumed if I lived in the property for 2yrs in the last 5yrs of the sale, I could be eligible for the exemption so I don...
Marc D.
Do you apply for a refund of sales taxes?
I'm paying sales taxes for my supplies when I flip a house. The IRS considers my house as inventory since I am a dealer. If this is inventory, I shouldn't have to pay state sales taxes for the supplies -- but I don't ...
Helen Zhang
Dallas Tax Deferral for Age 65
Hi BP community, I purchased a house that was previously owned by age 65+ couple who deferred their tax in Dallas county, Texas. It has been for a year since I purchased the property. Now it is interesting that the 65...
Kyle B.
Tricky Tax Situation
A quick summary of the situation I am in (I apologize in advance for the long post). I own a property that I am in the process of flipping. The property does not have the real estate tax exemption, so the 2012 taxe...
Wayde C Hall
Determining Property Taxes
Hello BiggerPockets!So I'm new and trying to analyze a property and determine its property taxes using our county tax assessors page. The only problem is the property isn't showing up? I'm not looking to buy this pr...