If someone is a "real estate dealer" and can't report profit as short term gains from developing or flipping property, then wouldn't the best option be to buy and sell through an S-corp since they're a business?

I am constantly warned about tax penalties due to selling a house you flip. I created an LLC that I'm going to use to invest in and flip houses. I was under the impression that only the money taken out as a draw would...

Let’s say I do a fourplex househack worth 400,000. I our 3.5% down (~$14,000). If the house goes up in value by 3% that year ($12,000) didn’t I just get a 80+% inflationary gain? Because the appreciation due to the in...

I'm a newbie that would like to partner w/ an investor in the DFW area on a Sub 2 deal.  Benefits to the veteran:  working w/ someone eager to learn ropes, increasing investor network, exposure to deals, etc . Benefit...

Hypothesis:Party 1 owns an investment property and would like to sell and purchase a like-kind property. Party 2 also owns an investment property and would like to purchase a like-kind property. Both parties would lik...

As investors, I am sure most of us try to minimize our tax liability and increase our profits. I do a few quick rehab flips and thus pay a big chunk of it to taxes. I wen to a seminar (I go to many and have never bo...

I hold land personally with my wife that I am selling and at the same time I am purchasing my first str. The str will close before the land sells and then I would like to recast the loan to pay off a portion with the ...

Can someone explain something about the buy, borrow, die concept of avoiding income taxes?  I understand that you don't pay taxes on borrowed money.   What do you do with the profits from the company to avoid income t...

Example: All in costs on a house $60k, sell for $100k (10k down and $90k seller financed @ 10% for 30 years).  I would like to know what taxes are owed and if they are immediate or paid as the monthly payments come in...

2021 is my first year as a landlord and to save money I'm doing taxes myself for the first couple of years. To avoid doing anything wrong I wanted to double check a few things. Can any CPA's answer the below? I've sco...