We have a small rehab and flip company.  We are taxed at personal income levels on every flip. So buy for 50k, put in 25k, sell for 100k.  Taxed at 40% on that 25k.  Putting us all on the same page.Could we sell that ...

I have house hacked a few times now where we buy a foreclosure, renovate, then sell a house at the two year mark so taxes have not been an issue. We now want to flip a house on the side, outside of our primary residen...

Hi everyone,

I own a development company that primarily flips houses in MA amongst various other GC and design work. When we started a year ago and a half ago, we were told to structure our business as an LLC and ele...

Hello, I'm in conversations with my neighbor to sell me her house, and I want to pitch a seller finance idea to her. I want to understand better what this would mean for her, to use that as an argument to convince her...

I am looking at selling a property, and 1031ing into a new property.The seller is willing to carry a second mortgage.I plan to close the purchase transaction using the cash from the 1031.After that transaction closes,...

I am looking to family members to help finance the down payment of my first flip and possible future investments. I want to know if there are any specific steps or things I/they need to do in order to avoid paying tax...

I'm playing middleman between a seller and buyer. When do I pay it? Do I pay both of the double taxes? Can I use transactional funding for it? What should I know?

Looking for ways to turn this into non taxable cash or just purchase something to avoid taxes.I'm on my second 1031 exch but later found out that I can't use the funds to improve on already purchased land so I'm a lit...

I invested in a syndication deal last year and unfortunately it looks like it will generate UBIT tax at some point. My plan at some point is to transfer this asset into a QRP and avoid the big tax bill. While the inve...

When most of us think of having the IRS audit us, we get anxious. Audits can be very expensive, invasive and ultimately time consuming. Some audits are inevitable. However, there are multiple preventative measures tha...