Ken Lou
does interspousal transfer deed step up cost base?
Hi,I purchased my rental property few years ago for 300k in Washington State free and clear and since then it has doubled it's value with capital gain around 300k. I'm planning to get married in 2 years and want to bu...
Phil DuChamp
Looking to from LLC's
I'm looking to put a mortgaged property into an LLC via quit claim deed, I'd also like to form one to be invested in by a SDIRA.Does anyone have any recommendations?
Minu Lal
Tax implication for Canadian investing in USA
I am a Canadian investor venturing into the US real estate market. I found from an accountant that even after setting up LLC in US and Canada, I will still be taxed by IRA at 50% and also that the time of a sale the R...
Gitit Hefetz
How to calculate capital gains
Hello,
We have bought a house as a primary resident and due to personal reasons Its seems like we are going to need to sell it about a year after the house was purchased. I'm trying to read to read on line but I don...
Scott Robinson
Federal Income Tax %
What % should I be setting aside for Federal Taxes on a flip that takes 4-5 weeks? This would be our first rehab and we may do one or two more this year. Does that fall into the "investment" category with a lower ta...
Joey Fontenot III
Private/Hard Money Lenders - Taxes
I wanted to get some advice/feedback regarding how private lenders handle the tax consequences of the income they receive from their loans. Is your Income taxed the same as your income from whatever tax bracket you fa...
Javier Gaillard
Federal and State Income Tax for Foreigners
As a foreigner what is the tax rate for renting property? Is there a State and Federal income tax? I know some states don't charge income tax on rentals, but you still have to pay the Federal income tax.Can you get a ...
Jeffrey Morrisey
Projecting Future Property Taxes
Hi BP,I have a question about estimating future property taxes. I’m looking to invest in small multi family buy and holds. My area (Buffalo Ny) has had home prices skyrocket over the past few years, as many other area...
Raden Mantuano
Finding who to mail to from this report
was able to obtain a free title search account, now I have access to absentee owners and etc :))))))) but now my question is, how do I determine who the qualified clients for a wholesale deal? how much in taxes should...
Heather Schultz
Summerville, SC- Any Long-term investors?
Good Morning-- I've done research on SC properties and I like the growth in Summerville, SC. Close to Charleston but less expensive. Population growth ~4% YOY. I have some specific questions for an active long-term in...