Vilena G.
Should I move into the my current flip?
Hi Biggerpockets family!We are remodeling a flip, it's a big project and with all this virus going around doing a lot of job at the house ourself. We need at least 2-3 months to finish the house, and my lease at the p...
Sue Hough
Need Help Deciphering Opportunity Zone Tax Benefits
Hello everyone and I hope you are having a wonderful day. I am solidifying a larger residential development within an Opportunity Zone in eastern Tennessee. Although I understand the premise of this program, I need...
Eric Denton
Figuring out What's next?
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 ...
Account Closed
Tax question LLC partnership C-Corp ALBERT AIELLO
Ok did any one purchase Albert Aiello's goldmine software. I attended his meeting a week ago and now that I am going to have my first rental I have a few questions regarding how to set up my LLC. He said to open an LL...
Debbie C.
Renovating your property before a 1031
I have a question about the 1031 exchange that I’m still confused over. Let’s say I bought a property for $200k and rented it out for many years and paid off the mortgage so it’s free and clear. Now I want to sell it ...
Joe B.
question about capital gains tax
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?
Agostino Pintus
Proposed Capital Gains Tax Increase
President Biden has proposed to nearly double the capital gains tax rate in an attempt to fund the $1.8 trillion American Families Plan. This has caused some investors to fear a loss in their wealth, while others will...
Eric Lee
Filing taxes for rental property (first timer)
Hi Everyone,I closed on my first rental property at the tail end of last year, and had tenants moved in for about a month. Given that this is my only investment property, and it was owned for such a short amount of t...
Shannon Phillips
Help - Sell or Hold 60 Properies in Bay Area?
I own a portfolio of 60 single family homes in the San Francisco Bay Area. All are commutable to San Francisco. My basis is low. I cash flow about 3% net annually based upon current value of $28 million. $4.5m d...
Daniel Dietz
Appraiser for "Valuation Adjustment" on 3-way LLC/ROTH Conversion
Hello All, II am looking for feedback on two things;1)The 'concept' of getting a 'valuation adjustment appraisal' on our 3-way LLC that is made up of 3 SOLO401Ks that own rental properties and are currently NOT in 'th...