Eric Lunsford
Tax implications for a private lender
I apologize if this has been answered before. I did a brief search and didn't find anything that answered my question. I'm wondering how private lenders get taxed on their earned interest as they loan money to RE inve...
Keong Kam
CA Resident owning OOS income properties-How to structure entity?
Hello! A question for fellow BP investors!I am a CA resident and trying to create an LLC to protect my assets in Missouri. My CPA says I need to create a CA LLC and then register in MO, then transfer MO properties int...
Sammy Weinstein
When are taxes due on a cashed out 401k?
Am 60, and have $300,000 with my employer. If I were to cash it out totally, are the taxes due taken out of the $300k straight away, or when I do my taxes next year?
Doug Frisch
Requirements for having an LLC taxed as a C Corp?
Hi,I've set up an LLC in Wyoming and I'm wondering what needs to be done in order to have it taxed as a C Corp.Any help would be greatly appreciated.Thank you,Doug
Rick Richard
How to use real estate to offset some of the tax hit on a private equity payout
Hi, my wife is expecting a K1 equity payout this year. Can we use our current investment propeties or purchase another investment property purchase to at least slightly offset the tax hit?
Victor Lee
Looking for mortgage consultants to help me choose better
Hi, I have multiple projects in progress, like syndication and a fund alike. The fund is focused on buying single families, and the syndicate setup is for multifamilies. In talking with lenders and brokers, I am getti...
Oyin A.
Developer Joint Venture for new Starter
I have a small rental portfolio in B class neighborhoods in the Northeast, and now looking to get into small size (16 units a year) development projects in the South Jersey/Philadelphia market.
The goal is to build a...
Jim Johns
Tax question
Hi,
In 2002 i bought my house for 222,000 and my parents lived with me.
In 2008, I decided to leave the house for my parents and buy a new house. So, I decided to let my brother refinance the house in his name for ...
Monil Shah
What Real Estate strategy works to get tax benefit on 401k Salary
I have been hearing a lot about strategy where by getting into real estate one can benefit on tax deductions on high income 401k salary.How does it work?What real estate strategy works to our benefit ? How do you go...
Ben Whittaker
My own trust as private lender to my LLC?
Hi all, will try to keep this as short as possible for everyone's benefit!I live in Australia and earn a good salary that has me into the 37% tax bracket.I invest in property in the US via an LLC, of which I am the on...