Hello,I've read that house hacking can cause tax implications at time of sale. One of those things being how much of the property qualifies for the section 121 of either 250k exemption or 500k if married. I own a prim...

So let me give you some hypothetical numbers.I buy a house for $150k. Current value is $210k as-is. ARV is around $300-$350k. So I was told that I could do a cash out refi for $150k. That puts debt against the house. ...

- I am looking to sell my 2 houses, both myInvestment homes of over 4 years now. - when I sell them, I will have technically “ made” money. Bought for 20k 4 years ago. Selling for 80k each. - What taxes will I have to...

After I sell my house I'm going to make 49k profit. I want to build a couple 4 plexes with the money but don't have all my ducks in a row yet. When I get the money, how do I avoid paying capital gains tax and how much...

Prospective homeowners, consider property taxes when budgeting for your home. They can vary widely and significantly impact the overall cost of homeownership. When calculating what you can afford, factor in these taxe...

For a Flip property in Califorina , can a CA LLC (partnership ) take title and Income taxes be filed with a CA S Corp. The idea here is manage / avoid the gross receipt tax which CA FTB charges on flip properties (eve...

Question? Trying to purchase 4 properties (48units) from a long term investor who is looking to liquidate her portfolio and retire. They would like to finance the deal but would want to minimize capital gain. The sell...

Looking at flipping as additional business. What is the correct way to avoid crazy taxes? Is there one?

When you open a business checking account, you have to transfer a certain amount of money to the business account to avoid monthly fee. Let's say $500. This comes from your personal account, not from business operatio...

Hey, I live in Texas and I’ve located a property I’m interested in buying. The house is going to the tax deed sale and I’m curious about how to approach the owners to buy it before they get foreclosed.
Any tips appr...