I am having trouble finding article which discuss how taxes are handled when flipping properties under an LLC. If you could share an article or help with the below scenario, that would be greatly appreciated.
Our LLC ...

I plan to complete a cash purchase of a property with personal funds, closing it into an existing S Corp that I would be joining (Illinois), which right now has minimal assets.  As I am new to the business of real est...

I hear you should put your properties under an LLC to protect yourself, your savings & your home from anything that may arise from a lawsuit associated with one of your properties, but I wonder if that is just som...

I was listening to a webinar replay that briefly touched on hypothecation to recapitalize from performing notes to increase speed of building a portfolio. It seemed the overall focus of the call was on SDIRAs, but the...

Just curious about self-directed IRA's and wondering if anyone is familiar with this idea.

I set up a 401k with my self-directed IRA funds, which purchase stock in a newly-formed C-Corporation, The Corp than buys, sa...

I  hired a contractor a while back to remodel a home I recently sold. The homehowner/buyer has contacted me after the now 5 months after the sale, and informed me that there are significant issues with the home and va...

My name is Trevor Scott, from Pittsburgh PA. I have recently retired from the NFL and played 7 years. I am going to take my professional attitude to the real estate world. My 3 biggest things right now are; learning, ...

I have a property in Cincinnati OH that I owned in my name and got a residential loan for in my name. I've owned the property in my name for about a year and I just did a quit claim to transfer the property to my LLC ...

Hey guys, I have a question about an apartment complex my parents are thinking about selling. This apartment complex was gifted by my grandfather to his 5 children, who are now equal shareholders. He built the apart...

I read the below posting regarding 1031 but have a twist on the question of which I'm hoping someone has an idea.  NOTE: I will be asking my attorney and accountant but was hoping for additional information here.http...