Soomin Kim
Tax benefit on mortgage free rental property?
Hi BP community!I am currently living in a 1 bedroom condo. Mortgage is almost paid off. Husband and I plan to buy bigger place and rent out this 1 bedroom condo. I heard if there is montage on rental property, you of...
Mike Auguste
The Augusta Rule - Tax Free Rental Income
What is the Augusta Rule?
The Augusta Rule, known to the IRS as Section 280A, allows homeowners to rent out their home for up to 14 days per year without needing to report the rental income on their individual tax re...
Christine Oliphant
Question about tax free earnings with SDIRAs
I've been learning about SDIRAs and from what I understand when you use the money in your real estate business, the money you earn will be tax free. So as Amanda Han put it in podcast 49, if a wholesaler puts a $1,...
Aaron Millis
Mortgage vs. Free and Clear Tax Sales
Would it be fair to assume that most properties that go to tax sale are owned free and clear vs having a mortgage? Because I don't see how/why a mortgage lender would allow a property that is delinquent to go to aucti...
Jon Blackburn
Private equity proceeds into real estate tax free?
I’ve seen some posts on using stock proceeds, without a tax hit, to invest in real estate. I can’t tell if my situation is different, though, so thought I’d ask.
My employer gave me shares of company stock (company ...
Jeff Wang
Pay off debt tax-free in 1031 exchange
Hello,Many years ago, my family helped me purchase a house and gave me a portion of the downpayment. Fast forward to today and I've made a nice profit on the house. I'm currently in the process of doing a 1031 exchan...
Michael Jackman
Up to $100k withdrawal of IRA tax free?
https://www.marketwatch.com/story/coronavirus-stimulus-package-tax-relief-withdraw-100k-from-your-ira-and-repay-in-3-years-with-zero-tax-liability-2020-03-27?reflink=mw_share_email
Just read this article and might b...
Stefan K.
Free (luckily!) Lessons At a Tax Deed Sale
My business partner and I attended one of the local county tax deed sales last month in Florida. We had 3 properties we were interested in, all mobile homes on their own land. I wouldn't say things went well in t...
Ted Lanzaro
The Tax Smart Landlord home study course Free
I am looking for 10 charitable people who would like to get my home study course "The Tax Smart Landlord toolkit" free. Connect with me to find out how and why! Don't worry - its for a great cause!Thanks, Ted
Julio Gonzalez
Earn tax-free income renting out your home
Did you know that you can rent out your home for up to 14 days per year without having to report the rental income on your tax return? Section 280A(g) of the Internal Revenue Code is also known as the Augusta Rule. It...