Kimmy G.
Bought an apartment building in Opportunity Zone
Hi everyone,
My friend and I bought an apartment building in 2018, and it turned out to be located in an opportunity zone. Are we qualified for the tax benefits for Opportunity Zone, for example the step-up in basis ...
Kim Horn
Owner financing on unimproved land.
My husband and I have a parcel of bare, unimproved land in South Carolina for sale and a potential buyer is asking is we would consider owner financing. What are the benefits and potential downsides to this?
Lance Lvovsky
Ultimate Guide on Opportunity Zone Tax Incentives!
Last Friday, the Treasury released their Proposed Regulations [REG-115420-18] on Opportunity Zones - possibly the best tax shelter created, ever! At Marcum, we are hard at work putting together insights as we peruse t...
Dan Gandee
HOLY SMOKES! I Owed $47K In Taxes!
PHONE RINGS...My wife who does our real estate brokerage accounting and investment business bookkeeping just called me to say we owe $47K in taxes...{heart stops}.BUT I didn't blink an eye because I understand the tru...
Account Closed
Understanding Tax Advantages with Real Estate Investing
Real estate has long been a favored investment avenue due to its potential for appreciation, steady cash flow, and diversification benefits. Beyond these financial gains, savvy investors also benefit from various tax ...
Tanner K.
Tax benefits of using seller financing
What are some of the benefits for the SELLER when using seller financing? I am in Minnesota and I’m trying to buy a rental property using contract for deed. I want to know all the benefits to the seller. How can the s...
Jason Thomas
Opportunity Zones benefits explanation
Looking for any insight or info into Opportunity Zones. I am about to close on a property that is in an opportunity zone, but not sure if there are any immediate benefits. From what I've read, it sounds like if you ha...
Mindy Jensen
Opportunity Zones - Is There a Window for Reinvesting?
I just heard of this thing called Opportunity Zones. A guy I met recently has sold his rentals this year, and is getting ready to take a tax hit. I don't know enough about Opportunity Zones to speak intelligently abou...
Mario Tinsley
Buying the house I rent w/ a HELOC w/ seller financ? Insight pls!
Looking for insight with this deal, please! I currently rent where I live. I sublease out the house by room. It's a 4 bedroom 3 bath. But I also rent the finished basement part as a room too. So I live in 1 room and r...
Michael P.
Joe Biden - Eliminate stepped up basis
Flipping channels, watched 5 minutes of JB’s first campaign rally. Says eliminate stepped up basis on capital gains to help lower cost of education.