So there has been rumblings of the current administration trying to find additional tax savings anywhere they can.A crazy notion has been to look at doing away with the 1031 exchange. This goes against every founding ...
for a newbie, planning to buy 4-6 rental apt building in the near future, actually looking, waiting to be sure the deal is good and will work out, Anyone have a opinion as to whether I should upgrade to pro or basi...
Hi everyone,
I bought my primary residence 8 months ago. I intended to live here for 2 years and then keep it as a rental property. The issue is that a train track runs behind it and the vibration is horrible (litera...
I’m wandering if someone out there can talk to me about capital gains tax and how that would come into play when owning investment properties? Would there be a time to sell and a time to hold based on capital gains tax?
Hello all! I currently have 2 single family rentals but am looking to delve in to fix and flipping as a way to supplement or hopefully replace my W2 income. I have 2 questions as it relates to taxes for fix and flippi...
Would be interested to hear if anyone has more/better/different information on this issue:
I just set up an Individual 401(k) for my consulting company, which is a single-member LLC. I'm wondering if this might also ...
Hello BP community, I am in need of advice on whether to keep or sell a condo (2 bed, 2 bath) in LA (Frogtown/Elysian Valley) that I purchased in 2017. Complex was built in 2017 so no rent control.Purchased $480,000,...
I’m looking for some advice about 1031 exchanges. My grandfather in Massachusetts is going to sell his house to take advantage of the tax break he gets since he lost his spouse (my grandmother). He’s 89 years old and ...
Hi,Can accelerated depreciation be used in a syndicate to lower the tax burden?Thanks,Sonny
Hello everyone, This is my first post on Bigger Pockets. My focus is working with Accredited Investors to help defer capital gains. I get asked often about the difference between DSTs and 1031s, so I wrote up this qui...