I just finished remodeling a property. However, I put quite a bit money in it and I wanna avoid the short term cap gain. So I decide to rent it for about 1 year then sell the turnkey. For those of you with experience ...
My wife and I are moving from Texas to Colorado. We currently have 5 rental properties in Texas. How do we go about avoiding the state income tax in Colorado? I think we need to put them in a trust or something th...
Evening BP, Want to reinvest my dividends from my brokerage account and if I reinvest it within the calendar year do I avoid capital gains? So, technically I am not taking any realized gains. Thanks.
If a limited partner investor invest money out of his self directed IRA will he get hit by UBTI?
I am working on a property deal in which the owners seemingly converted from a C-corp in '03 to a S-corp, rolling the assets of the C-corp into the S-corp.
Since they did not pay taxes on the assets at the time of th...
If one has a second home in a high-tax state that rents for more than 14 days a year and is used more than 14 days, would it make sense to convert it to a rental property, given the new tax law?
Hey BP! I'm working toward an out of state investment property purchase within the next 2-3 months. My question is how do I avoid double taxation on income earned from out of state properties? Any assistance is app...
I just received my first Tax Lien Certificate from State of Alabama on vacant land property. What are the next steps that I should take with the property?
i was gifted a house... im looking to sell the house now and want to avoid capital gains tax.... can i gift the profit from the sale of the house to a family member and avoid capital gains tax?
Happy New Year everyone!
I have a flip that I am finishing with a buddy (business partner). We will be done by February and did not do things in a traditional way. My business partner owns the home outright and we ...