Nick Frey
1031 in less than a year (short term capital gains)
Property A was owned by LLC A 50/50 me and another partner. After five years of LLC A owning Property A, I created LLC B with two extreme-minority partners (0.5% each, as a formality for lending purposes) and bought ...
Shiquilla Dreher
Help!!!!
I brought a house for $32,000 in cash. I put $10,000 in renovation. If I sell the house I know I can get at least $100,000. I was wondering is it best for me to sell the house and pay high capital gain taxes or take t...
Jacob Vorreuter
Optimal tax-free (Roth) investments
I'm interested in self-directing my Roth IRA and investing in real estate.I recently read Tax-Free Wealth by Tom Wheelwright and he stresses the point that you should not nest a tax-advantaged investment in another ta...
Sandy Sawyer
Can flipping within ROTH SDIRA LLC trigger UBIT?
My idea is to avoid capital gains tax by flipping within the ROTH IRA while avoiding the transaction fees by managing the LLC myself. My questions are 1) What is Unrelated Business Income Tax as it relates to this? 2)...
Ashley LaVigne
Rents in a Rural Market
My partner and I just bought our first multifamily in Grand Rapids, MI. We plan to buy more in the future and build our real estate business there. That said, I have a house that I bought and remodeled a few years bac...
Tanya McKinney
Capital Gains Taxes How to defer or is it possible?
For a lack of a better way of asking, what is the best way to avoid / delay the capital gains tax from the sale of a flip house? When I spoke to my accountant she said that the 1031 was used as stated for an exchange...
Daniel Trzaskos
Offset Capital Gain Tax
Long story short I sold a rental I had and walked away with approx. 90k. For a variety of reasons I wasn't able to do a 1031 exchange. Was wondering if anyone had any advice to offset the capital gains tax I'm on the ...
Anthony Green-Parker
New investor in San Antonio
Hello everyone. I'm a retired Army Veteran who is new to San Antonio and looking to gain some real estate experience. My strategy is to buy properties and hold them long-term. I plan on using the BRRR method to fund m...
Jason Lauver
Looking for a Mentor
I am a newcomer to the real estate industry with a keen interest in wholesaling properties. While I have absorbed a significant amount of educational content, I have yet to witness a wholesale deal from start to finis...
Keith Andrews
Capital gains tax on proceeds from parents home
I am hoping a BiggerPockets tax guru can help shed some light on things for me.My wife’s parents added her and her brother to the title of their primary residence in 2008 (because they were paying the mortgage for the...