Jason Turo
Rental operations under an entity (LLC, etc)
Would you share your knowledge and examples of operating rental properties under a business entity (LLC), compared to owning them personally? Please address within the following topics and any others you feel appropr...
Josh Harms
LLC where to form
I have about 45 rental property. I have great insurance with a balloon policy. I need to set up a LLC but I am not for sure if I need to set it up in Illinois where all of my property is located or in another state....
Chris Martin
Statistics on SDIRA lending and owning... one county in NC
The answer first. Here is a quick decade long summary of activity involving the largest Self Directed IRA (SDIRA) custodian in one county (Wake county) in NC. The 4 columns don't format nicely, but for each year, colu...
Crystal Ribail
Apartment owner selling with a 600k gain want to know options to reduce tax liability
Apartment owner selling with a 600k gain want to know options to reduce tax liability. Background the apartment is a 26 unit and want to understand my options to reduce tax liability. I would like to get into notes po...
Josh Chappell
Protecting cash from tax hit with property sale.
I have a property in the works that could potentially net a big lump some of money on a property sale. As to date, I have not sold any properties, just buy and holds. I am asking for all advice on how you all are mini...
Peyton LaBarbera
Can you 1031 a fix and flip?
Let's say you have a property that will take just a bit over 12 months to renovate and sell... now the rule for 1031s is that you can only use them if you hold the property for at least 1 full calendar year so does th...
Aaron Matassa
Rental Income Tax - avoid?
Hey all. I searched for an answer here but haven't found it. If I missed it, please let me know.
I'm in the planning stages. What I would like to do is get a multi-family property and collect rent (gasp!)
But when...
Dallas Smith
Selling 2 properties
In Louisiana, looking to sell 2 properties. 1 is my investment property that is a llc. The other is my primary residence. The goal is buy land to invest in a business. Is a 1031 exchange the only route to avoid capita...
Jackson Tate
Tax Strategies for Flipping
I will be selling a flip in a few months and will be very close to the 1 year hold mark on the property.Other than dumping more money into the property in order to increase the amount of write-offs, does anyone have a...
Stacy Gunn
Series LLC - What are the costs?
We are new investors and asset protection is important to us so we are looking to form LLCs for our rentals. We met with a lawyer recommending a series LLC which sounds great but they had a hefty price tag associated ...