Monica Davies
Wholesaling with a real estate license
I'm a newbie investor, and thought it would make sense to get my real estate license, hoping to save myself a lot of commissions on the future. I'm located in Utah, and I'm wondering how this effects wholesaling deals...
Don Blevins
Can I sell a house in my Self Directed IRA to ex(2 kids with her)
My wife and I have been divorced for eight years. We have two college aged children whom she still claims as Dependents on her income tax return. I have a house in my Traditional SDIRA. Can I sell her this house, o...
Account Closed
Avoiding Property Gains Tax
Hello everyone. We are in the process of developing a few commercial acres. We have two buildings going up that will be offered for sale or lease. This is not our main business. If we were to find a buyer for the prop...
Scott Mac
Would a Texas LLC Have a Calif. Franchise Tax Nexus?
A tax question (that reads like a test question, but it's really not that complicated).Do any Tax Experts want to weigh in on this potential investor question?If a Texas LLC has any investors in California, does this ...
Simond Wong
Pls, Advice to transfer mom's property to me (Pennsylvania), TY
Happy FriYaY BP Fam, Thank you for your timeScenario: My mom has a Philly rental property that and would like to transfer house/deed from my mom to me and my sister. We ultimately want to then put the house under an ...
Jorge Arias
How to use real estate to reduce W2 taxes?
My wife and I make ~$500k/yr. I'm an software engineer on W2 and she started as real estate agent about 2yrs ago. We are looking for ways to reduce taxes on the W2. We currently do not own any rental properties. We di...
Sarah Young
Do lenders typically allow Contract for Deed? Or do you not tell?
I am selling a house out of state. Purchase price is $260K, loan balance is $190K. Buyer is buying as investment property, but his rate is over 5%, and making it not much of an investment. Our interest rate on the loa...
Michael Woodward
Will buying in a company name trigger anti-flipping problems?
I'm exploring my options to reduce my tax burden and my CPA is recommending that I create an S-Corp to maximize the tax benefits. That sounds good to me but I'm concerned that when I'm buying properties I might run i...
Katie Cole
Leveraging an LLC for Tax breaks - reading, podcast suggestions
I'm brand new to real estate and hoping to make some moves in 2021. My husband has an active LLC for his side business, but I am curious if anyone can recommend any books, podcasts, or other material so that I may und...
Account Closed
Property Values :effected by GOP tax plan?
Property Values : effected by GOP tax plan?