Hi guys,
I have a tax related question if any of you guys have personal experience or knowledge.
This year I have invested in several syndication's as an LP (passive investor) at the same time in which I have sold a...
Hi Community Newbie to the community looking to get started in rental properties. I've heard of people using rental properties to lower their taxable income but I'm not clear how this is possible. From what I'm gath...
Question? Would it be beneficial or possible to execute the following:Have an investment property with lots of equity. Say I own this property (other than my primary) which I owe $50k on the mortgage, and this propert...
Investment Info:
Single-family residence fix & flip investment.
Cash invested: $120,000
Sale price: $729,900
This was my first fixn' flip and we did it with seller financing. It was a family memb...
Let's say I was an LP on an apartment complex that sold this year and while answering TurboTax's questionnaire, it asks for two very fundamental bits of information - the Adjusted Basis and Final Sale Price. As basi...
How do you calculate cost segregation tax benefit per investor based on dollar amount invested in a multifamily syndication? For example, if the total tax benefit from the cost segregation is $2m , total capital raise...
Hello my fellow investors!I had losses on my rentals last year as passive losses (I'm not a professional real estate agent).I make $150k so cannot use them to offset my capital gains. This year if I have gains on my r...
Is there anything or way to deferred the profits from my main home after the 250k. Im looking to buy more investment property's with it. plz help on this
We have almost $30k of built up passive losses from depreciation, repairs and improvements. Due to our income being over the AGI cutoff we are only able to apply these losses to the cash flow of the apartments we o...
After sales i'll have about $300k. I'm experiencing analysis paralysis. If I want to save ~$60k in cap gains tax i need to 1031 into something. Or, should i just pay the tax and throw it into the S&P500? I fig...