Phaedra Culjak
What are tax implications when selling a rental?
I currently have 1 rental that has $200K+ equity. I'm considering selling and investing in 2 properties but not sure about tax issues and timing. Any advice? I'm thinking of waiting until next year to see where prices...
Rory Compton
Seller Financing and Taxes for the Seller
I’m curious how the taxes work for the seller. If they are owner occupiers then they won’t have capital gains anyways. So in that case it is really just the income stream they can maintain.
But, if they are tired lan...
Brandon Proctor
Some what Motivated Sellers property (with pics)
So here is a property in which the owner seems to want to sell but not quite desperate to sell. He has it listed on MLS until the 13th of this month and the listing price is at 85k which is too high obviously.I asked...
Shane Rossi Hegarty
Complete newcomer in charge of 8,000sqft commercial space
Hello everyone, And okay so maybe the subject is kinda click bait but still a true statement. Long story short is my family owns a couple commercial properties in Concord California, and by family I mean my 85 year ol...
Karen Leonard
Property Tax and Mortgage Interest paid from escrow in 1031 exchange
I am in contract to sell an investment property, and the proceeds will go to the 1031 QI that I've identified. The preliminary Seller's Settlement statement plans to pay the prorated property tax, and mortgage interes...
John Spurlock
Breaking it Down: Generation-Skipping Transfer Tax
Among confusing legal concepts, the generation-skipping transfer (GST) tax is at the top of the list. Because of its complexity, many attorneys lump it in with concepts such as the rule against perpetuities—topics tau...
Daniel J.
Land Trust vs LLC Pros and Cons
Does anyone have experience or knowledge about using land trusts instead of an LLC, for both privacy and legal protection? I am not speaking of living trusts but land trusts. Of course the more private the entity the ...
Brian Barch
How much of a revenue boost does dynamic pricing give
I recently purchased an STR that was successful despite not having dynamic pricing, and only being listed on VRBO.they literally charged the same rate every night of the year, no matter if it was Monday or Thanksgivin...
Josh M.
Rental Property Tax Strategies - First Time Filling
I apologize in advance for the number of questions. I have tried to phrase them in such a way that it provides my conclusion and I am mostly looking for confirmation.If a CPA wants to do a quick review my return and d...
William R. Matthews IV
Looking for a Good real estate cpa
I'm looking for a good real estate CPA in or near the Leesburg, Virginia area. Any recommendations? I'm also looking for another one in the Hercules, Ca (Bay Area) all recommendations would be great! Thanks!