So my dad and I flipped our first house last year and we each made $15K from the deal. It's now time to do the taxes and I haven't received any kind of tax information in the mail. The money that I did make from tha...
I'm interested in putting a property for sale into a DST Deferred Sale Trust. Since the proceeds of the sale is placed in a trust. The trust then reinvest those sale proceed, and the investor can be paid from the inte...
hello I own an investment property (2 family house). I bought in 2002 for about 250k, now worth 1m with about 350k balance (equity 650k). I also own a business which is an S corp valued at 1.5m with 950K balance (equi...
Curious to understand some of the tax-related nuances with regard to taking a more passive approach through a syndication investment. Specifically, how this type of investment is typically treated for tax purposes (i....
Hi, had posted this as a reply but better suited as it's own I think. Hoping someone is up for the intellectual challenge of this situation...I'd like to sell my 2 unit residential duplex (in my name) and 1031 into a ...
How does one go about lowering capital gains tax from the sale of an investment property?Some context: a relative bought a duplex as an investment property back in 2012, and are planning to sell it.They don't live in ...
Five Unique Ways I’ve Seen People Make Money In Real Estate
1. Water Utility - 44 years ago when I was a relatively new real estate broker, a gentleman contacted me to see if we could help sell a small water utility ...
We took a home equity line of credit out on our personal residence, and used 100% of the funds to buy 3 rental properties. My first question is whether the interest deductibility is subject to the 100000 loan limit. ...
Sold properties looking to buy using 1031 clock ticking! I have heard if the well publicized Delaware statutory trust (don't love it but better than paying taxes).I was introduced to a less heard or Deferred Sale trus...
I could not find this answer anywhere. Process of selling primary residence, but instead of investing in another property, we are looking at purchase a small business instead. Is this possible to delay or nix capita...