I just sold the house I'm living in for a large profit. Because I lived there for 2 years, I avoided paying capital gains tax on it.I found another house that needs updating that I want to live in for 2 years then sel...

Hi all BP members, My parents currently own an investment property that is fully paid off. They are currently planning for retirement and they would like to sell this property in the coming years. It is not their not ...

If someone made 200k and had 250k in LTCG, then would they would have to pay 25% on the entire 250k since the LTCG is around 441k? Would their ordinary income rate also go up?

I'm looking at purchasing a 5 unit building with 4 upstairs apartments and a ground floor commercial unit. The current assessment is roughly 200k and the purchase price is likely between 800k-1M. The listing broker is...

In 2018 I opened a mobile home park with five units and my tenants are on HUD. I am trying to offset my earnings and am wondering if purchasing new units will offset the income so I can avoid paying all my earnings ou...

Anyone successful moving a property from their personal name to single-member LLC without paying the Realty Transfer Tax?  I prefer using a Warranty Deed vs Quitclaim based on previous posts here.Here's a case (https:...

Hey guys, I have my first flIp under contract. If I keep my budget in check and I am rIght about the ARV. I stand to make a good profit. Is there anything I can do to now, while waiting to close to prepare for legally...

I bought my house from my parents prior to prop 19 in CA.  So we have the inherited tax rate. We want to move to a bigger home but rent out our current home. If we put our home in a LLC under my husband and I will we ...

Hi BP! 
I have a client in San Diego that just inherited a 4 Plex worth $1,300,000. The property is in a trust and has been passed down to share between 3 siblings. My client wants to buy out his other two siblings b...

Hello everyone I am hoping for a little help here. ( and yes I am looking for a CPA at the moment ) so I am a buy and hold invester in Pueblo Co. i have done the BRRRR system a lot if times and it was and still is my ...