First off, I know I should contact my CPA, but I'm trying educate myself on this matter so I can ask the right questions.

I will try to keep it simple.
"My share" of the deal is as follows:
I have a $1,000,000 Option...

Hello,Wanting start an Opportunity Fund to buy and hold SFR property located in Opp Zone.  Planning on it being single-member LLC (taxed as corp, not partnership) for now to get started.  From the reading I've done it...

I own a home I've lived in the last 3 years as my primary residence.  It's in an area where it would work well as a vacation rental.  I'm considering offering a fractional ownership share of it. My questions are as fo...

Hi all,I just read this related topic on tax implications of Subject To: http://www.biggerpockets.com/forums/51/topics/1303...My question is what are the tax implications of seller financing that is done via the creat...

Hello from Chicago! How does the 1031 exchange apply to a multi-family unit in the case where 1 unit is rented and the other is a primary residence? I'm reading Garret Sutton's Loopholes book and it doesn't offer sugg...

I had intended to sell about $5.3MM of rental property and simply use the profits to may off debt on other notes.  However, I'm told my tax basis will be close to $2MM after depreciation recapture.  

Does anyone ha...

If a raw land parcel was sold at a profit, with the seller owning this parcel for more than 1 year, with the seller being in a 15% tax bracket ( from regular job ), would there be a capital gains tax liability ? Selle...

Hello all! I have read through the IRS documents in this subject and can’t come to a clear consensus. Here’s the situation: I and my spouse got married in our thirties and both owned a residence. We got married Decemb...

Hello everyone. I'm trying to confirm my understanding of a less straight forward capital gains scenario than the one-time purchase and sale most deals involve.Essentially 100% interest in a condo was acquired over ti...

Hello BP community,I need some help on structuring a deal. I am a California investor investing in the Texas region.I am in the works of purchasing my first BRRRR and my biggest problem is how we are going to finance/...