Ron West
Non-Recourse Loan for Commercial in NY State
I have a 6-unit multifamily property under contract and all the numbers are looking good. I want to fund the deal with a self directed SOLO 401k set up for my real estate business. Unfortunately, the IRS restricts SOL...
Tyson Hosey
Withholding Taxes When Using Rental Income
I know this topic has been covered in the forums a few times over, but I can't find the posts on it and I'm really concerned about this, so I'm going to start a new thread.I've done all the calculations for setting as...
NA Jones
Tax implications of selling stock to buy property
Hello! I apologize in advance if I'm not using the right lingo for my question.. still new at this :)I'm trying to figure out the tax implications of cashing out stock and using it to buy property. Even though we'v...
Pradhap Nirmal Natarajan
Opportunity Zone Investment Tax Deferral
Hi All, I have a question on the capital gain deferral. I made some capital gains in December 2019 and I was wondering if I can invest these gains in an opportunity fund (Fundrise opportunity fund) in January 2020 an...
Jonathan Pflueger
Down Payment as a Gift and Tax Consequences for California
BP, A family member of mine is willing to gift me $200,000 for the down payment on a owner occupied, conventional loan investment property that I will occupy. The property is located in California and the money is con...
Drew Shirley
Taxable Event? Reinvesting Acquisition Fee as Equity
I'm working on my first apartment syndication and would like to re-invest part or all of my acquisition fee into the project as more "skin in the game." Is there a way to do this without paying taxes on the reinvested...
Joe Caivano
Tax Strategy/Direction/CPA Vetting
Hoping for some tax advice. My wife and I are young professionals. Our income is around 300k combined, we file joint. We have two rental properties. We gross 17,800 on one and 60k on the other, so total rental income ...
Whitney Breedlove
1031 Exchange question - Is this allowed?
I'm trying to figure out how to interpret the 1031 exchange rule that the new property being purchase has to have at least the same value as the property being sold. Is this based off of the price you paid for the ori...
Rosemary Nadler
Title insurance / mortgage for property that includes "paper alley"?
Hi, I'm looking to purchase a 3 acre property that is at the dead end of and perpendicular to a road maintained by the county. The property is part of a large subdivision from the late 1890's and per the original map...
Andrew Jones
Do you believe a Legal Mortgage is a good potential lead?
Hello Bigger Pockets CommunityI thankfully am no longer a beginner when it comes to real estate investing but I would still love your opinion about lead generation. I am primarily in new construction and look for home...